Canada Revenue Agency to Treat Funds Obtained Through “Crowdfunding” Activities as Business Income
By EsqSocial Corporation 03/12/13
On August 16, 2013, the Canada Revenue Agency (CRA) issued a technical interpretation dealing with the treatment of funds obtained through, and related expenses incurred in respect of, “crowdfunding” activities by a taxpayer under the Income Tax Act...
By: Osler, Hoskin & Harcourt LLP