CRA Considers Position On Crowdfunding Receipts

In October of 2013 the CRA issued a response to a taxpayer regarding the nature of crowdfunding receipts from a tax perspective. depending on the facts and circumstances of a specific situation, monies received by a taxpayer under a crowdfunding arrangement could represent a loan, capital contribution, gift, income, or a combination thereof.  However, since […]

Electronic Document Imaging (“EDI”)

EDI faciltates outsourcing. It allows us to put documents in front of people instead of taking people to documents. Coupled with cloud-based technologies like GOOGLE Docs™ – it gives access to authorized users wherever they are in the world. While the paperless office may still be a pipedream, EDI is an important step along the […]