Mozilla gets lucky, settles IRS audit for $1.5M
A nearly four-year tax audit of the Mozilla Foundation is finally over. And it looks like the foundation got off easy by handing over just $1.5 million to the U.S. government.
Mozilla Foundation Chair Mitchell Baker announced in a blog post today that the Internal Revenue Service (IRS) closed its audit and agreed to settle with the company.
"I'm happy to note that we've settled the issues raised and the IRS recently closed the audit," she wrote. "We entered into a settlement, under which the Mozilla Foundation paid the IRS US $1.5 … Read more