The CEO is paying income tax on that, presumably. | Hacker News

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		SoftTalker on Dec 28, 2023 \| parent \| context \| favorite \| on: Mozilla 2023 annual report: CEO pay skyrockets, Fi... The CEO is paying income tax on that, presumably.

futureshock on Jan 2, 2024 [–]

A for-profit corporation would also pay taxes on profits. A 501(c)(3) is a special class of org exempt from taxes due to the benefit it presumably provides to the public.

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