DevelopAid Foundation is a sec. 8 not-for-profit company (CIN: U74999DL2016NPL309078), with a mission of enhancing public trust, accountability, financial literacy, governance, and understanding of relevant laws and regulations among philanthropic organisations and social enterprises in India.
@dhavaludani @RanaAyyub This one talks about tax treatment of crowdfunding (including donations) in UK. No gift tax here, but no clarity on taxability of donation receipts in hands of private individuals.
Read More@dhavaludani @RanaAyyub Other can try and trudge through this one, written by IRS:
Read More@dhavaludani @RanaAyyub In the US, the donor has to pay gift tax for gifts above a threshold. This blog on crowdfunding is written for humans:
Read More@vinod1703 Same list - but more details.
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