Open source Foundations have a great track record for good governance of open source projects – think of the Apache Software Foundation, the Document Foundation, the Eclipse Foundation or the Mozilla Foundation and the tremendous software they produce speaks volumes. We take it for granted that they need to be tax-exempt organisations.
Yet troubles in the USA with gaining recognition for open source projects from the tax authorities raise an important question: is tax-exempt status really necessary? Or are we mistaking approval of sound accounting principles for certification of good governance? Today’s article in InfoWorld has more.
Filed under: InfoWorld | Tagged: foundation |