Mozilla To Pay $1.5 Million For Its Tax Affair

By | November 7, 2012


Mozilla To Pay $1.5 Million For Its Tax AffairBack in 2007, Mozilla has decided that it does not have to pay taxes for the revenue that comes from Google’s search partnership. Why? Because according to them, 66 million (out of 77 million) dollars were a form of contribution and therefore, should not be taxable.

Unfortunately for them, the US government held a different opinion and as a result, Mozilla had to settle and will be paying a total of $1.5 million.

Better luck next time.


About (Author Profile)


Vygantas is a former web designer whose projects are used by companies such as AMD, NVIDIA and departed Westood Studios. Being passionate about software, Vygantas began his journalism career back in 2007 when he founded FavBrowser.com. Having said that, he is also an adrenaline junkie who enjoys good books, fitness activities and Forex trading.

Comments (2)

Trackback URL | Comments RSS Feed

  1. Hmm says:
    November 7, 2012 at 10:16 am

    Less than 3% tax sounds like a good deal. Let alone the interest over 5 years.

  2. Just Be Good Citizen says:
    November 7, 2012 at 1:30 pm

    Interesting…

«
»