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It is the MZLA Technologies Corporation a subsidiary of the Mozilla Foundation. Firefox is developed by the Mozilla Corporation a wholly owned part of the Mozil
by kbrosnan 1y ago
It is the MZLA Technologies Corporation a subsidiary of the Mozilla Foundation. Firefox is developed by the Mozilla Corporation a wholly owned part of the Mozilla Foundation.
- edoceo 1y agoHow did they even get this corporation owned by a foundation situation? That just seems like some kind of tax trick.
- boomboomsubban 1y agoYes. Mozilla was originally only the non profit, but it was ruled that selling the search rights violated nonprofit status. So they paid a couple million in back taxes and had to spin off a corporate entity that's fully owned by the nonprofit.
- Henchman21 1y agoDo you have any info on this lawsuit? I am struggling to find it.
- boomboomsubban 1y agoIt wasn't a lawsuit, the IRS audited them. https://en.wikipedia.org/wiki/Mozilla_Corporation#IRS_audit https://en.wikipedia.org/wiki/Mozilla_Corporation#IRS_audit
- Henchman21 1y agoThank you!
- thayne 1y agoIt's a "we want to sell something, but non-profits aren't allowed to do that" trick. And it means the for-profit subsidiary has to pay normal taxes. OpenAI is structured the same way, so they can sell access to their models. At least until it switches to being entirely for-profit, if that is allowed to happen.
- no_wizard 1y agoNovo Norodisk has a similar corporate structure, being owned majority by the Novodisk Foundation[0] [0]: https://finance.yahoo.com/news/novo-nordisks-unique-structure-gives-it-an-extra-edge--and-risk-110030324.html https://finance.yahoo.com/news/novo-nordisks-unique-structur...