IRS Looking at Google/Mozilla Relationship

ric482 writes "With the release of the Mozilla Foundation's 2007 financial report, questions have been raised by the IRS who are due to perform an audit on the non-profit organization behind the massively popular Firefox browser. Last year the Foundation received $66 million of its total $75 million revenue (88 percent) from search engine maestro's Google, so the IRS are looking for blood over the organizations tax exempt status. Back in 2006, Mozilla got $59.5 million from Google — around 85 percent of the organizations revenue. Google and Mozilla are part of a 'you scratch my back, I'll pay your bills' sort of agreement with the Google search bar firmly placed in the toolbar, and on the default homepage. Things were a bit rocky a couple of months back when Google unveiled the Beta-run of its Chrome browser, but Mozilla and Google hugged it out and sealed a deal that will last for a further three years. That deal will expire in November 2011."

Read more of this story at Slashdot.

November 20th, 2008 - Posted in Uncategorized | |

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