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Crowdfunding bill to give tax breaks to early-stage investors

Crowdfunding bill to give tax breaks to early-stage investors

Investors who support start-ups in their early stages will be given tax breaks under the government's crowd-sourced equity funding bill.

  • Shared by Money Management
  • February 12, 2016
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Under the legislation, which received the backing of the House of Representative yesterday, Australian start-ups will be able to raise $5 million each year — a figure that is higher than the caps contained in similar legislation in the US and New Zealand.

Read the full story at Money Management.

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