How Will Your Crowdfunding Contributions be Taxed? Crowdfunding in Canada is such a new concept that the CRA has yet to establish a set of tax laws for funding raised through such means. Due to this, the CRA will be assessing the taxation of crowdfunding capital on a case-by-case basis. That said, there are 4 different models of crowdfunding, each defined by what the contributor expects to receive in exchange for their donation. 0:00-0:30 crowdfunding and its tax implication to raise capital or develop market for a new product 0:30-0:53 what is crowdfunding 0:53-1:18 how will crowdfunding be taxed in Canada by the CRA 1:18-3:29 Four different models of crowdfunding 3:29-3:37 Tip to consider tax implication of each of the four models of crowdfunding Visit our website for more information and tax-related advice: http://madanca.com Follow us on social media Twitter: https://twitter.com/Madan_CA Facebook: https://www.facebook.com/MadanCharter... Instagram: https://www.instagram.com/madanaccoun... Google+: https://plus.google.com/1085518694535... Download any of our free eBooks available on our website: http://madanca.com/free-tax-secrets/ (Including Tax Tips for Canadians, Personal Tax Planning Guide for Canadians: 2014 Edition and 20 Tax Secrets for Canadians) Disclaimer: The information provided in this video is intended to provide general information. The information does not take into account your personal situation and is not intended to be used without consultation from accounting and financial professionals. All figures and dollar amounts are used for example purposes only. Allan Madan and Madan Chartered Accountant will not be held liable for any problems that arise from the usage of the information provided in this video.
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