Modern Australian

Startup investors don't get the same tax breaks with crowd-funding

  • Written by Stephen Graw, Emeritus professor, James Cook University
Startup investors don't get the same tax breaks with crowd-fundingThe new way of getting investors involved through crowdfunding will be treated just like any normal share issue — without any special tax offsets, write-offs or capital gains tax relief at all.www.shutterstock.com

New crowd-sourced funding legislation for startups is meant to provide incentives for investors - but it doesn’t quite...