The Resource Crowdfunding : tax issues and strategies

Crowdfunding : tax issues and strategies

Label
Crowdfunding : tax issues and strategies
Title
Crowdfunding : tax issues and strategies
Creator
Subject
Language
eng
Summary
Crowdfunding is the process of asking a large number of people to contribute money to fund a particular activity. Typically, fundraisers do this via the Internet through a third-party intermediary called a "platform". Crowdfunding campaigns vary widely and include endeavours such as donating to a charity, covering personal expenses, funding a creative project, or raising debt or equity capital for a startup business (among a host of other causes). Crowdfunding is a multi-billion dollar industry that is growing at a rapid rate. This article discusses several tax issues related to crowdfunding, especially the issue of whether contributed funds constitute taxable income. It also provides useful tax planning strategies for tax practitioners whose clients participate in crowdfunding activities
Citation source
In: Practical tax strategies. - Hoboken. - Vol. 99 (2017), no. 3 ; p. 20-28
http://library.link/vocab/creatorName
  • Bowler, C
  • Schmidt, D
Geographic coverage
North America
Language note
English
http://library.link/vocab/subjectName
  • crowdfunding
  • charities
  • tax planning
Label
Crowdfunding : tax issues and strategies
Instantiates
Publication
Label
Crowdfunding : tax issues and strategies
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.37366609999999 4.9336932
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