Linux Kernel Tax-Exempt
The IRS (Internal Revenue Service) has recognized the Linux Kernel project as a private operating foundation and exempted it from income tax.
Recognition as a private operating foundation by the IRS has given the Linux Kernel Organization a status similar to that of a registered charity. Pursuant to paragraph 501(c)3, the organization is permitted to issue receipts for donations and gifts which are tax-deductible for the giver. Linux Kernel Organization can also distribute the Linux kernel and other Open Source software and engage in tax-exempt operations.
The Linux Kernel Organization is assured of its status as a non-profit organization without regular income, funded by donations for at least a year. After the first year, Kernel Org will be required to submit documents on an annual basis to demonstrate its continued status.
Official recognition is extremely important to the continued existence of the organization, and gives Kernel Org the ability to canvas for funds that would normally be subject to taxation. In addition to this, tax exemption makes the organization more attractive to sponsors who can set off their donations.
The Linux Kernel Organization was founded in 2002. Its current President is H. Peter Anvin, with Jeff Uphoff as Treasurer and Chris Wright as Secretary. The Board also includes Kees Cook and Linus Torvalds.
Issue 210/2018
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News
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Red Hat Enterprise Linux 7.5 Released
The latest release is focused on hybrid cloud.
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Microsoft Releases a Linux-Based OS
The company is building a new IoT environment powered by Linux.
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Solomon Hykes Leaves Docker
In a surprise move, Solomon Hykes, the creator of Docker has left the company.
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Red Hat Celebrates 25th Anniversary with a New Code Portal
The company announces a GitHub page with links to source code for all its projects
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Gnome 3.28 Released
The latest GNOME rolls out with better contact management and new features for handling virtual machines.
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Install Firefox in a Snap on Linux
Mozilla has picked the Snap package system to deliver its application to Linux users.
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OpenStack Queens Released
The new release comes with new features for mission critical workloads.
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Kali Linux Comes to Windows
The Kali Linux developers even managed to run full blown XFCE desktop via WSL.
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Ubuntu to Start Collecting Some Data with Ubuntu 18.04
It will be an ‘opt-out’ feature.
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CNCF Illuminates Serverless Vision
The Cloud Native Computing Foundation announces a paper describing their model for a serverless ecosystem.