Legal and taxation
-
- What is the real status of my financial contributions to the projects?
- Can my contributions be deducted from my taxes?
- Does KissKissBankBank deliver receipts or any other certificate to the contributors of a project?
- If I am a company or an association, can these contributions be deducted from my taxes?
- As a project creator, how shall I declare the contributions I receive?
- Is KissKissBankBank responsible if the project creators do not declare as they should the funds they receive?
- What is the real status of my financial contributions to the projects?
Whatever your status, your contribution is considered a donation. The project creators can provide you with a document certificating your contribution if you require it.
- Can my contributions be deducted from my taxes?
In general, no.
However the creator of a project – and not KissKissBankBank – can provide its contributors with a certification of their contribution. According to the countries and statuses of both the creator and contributors, this certificate might be used for tax purposes.
If I am a company or an association, can these contributions be deducted from my taxes? Just as if you contribute as an individual, the answer is in general no.
However the creator of a project – and not KissKissBankBank – can provide its contributors with a certification of their contribution. According to the countries and statuses of both the creator and contributors, this certificate might be used for tax purposes.
- Does KissKissBankBank deliver receipts or any other certificate to the contributors of a project?
No.
Only the creators of the project for which you, as a contributor, can have an interest in asking for a receipt or certificate, can issue such document. It is the creator's responsibility to provide for it.
- If I am a company or an association, can these contributions be deducted from my taxes?
Just as if you contribute as an individual, the answer is in general no.
However the creator of a project – and not KissKissBankBank – can provide its contributors with a certification of their contribution. According to the countries and statuses of both the creator and contributors, this certificate might be used for tax purposes.
- As a project creator, how shall I declare the contributions I receive?
It depends on your country.
For sure, all revenue must be declared to taxation services. However every country will have their own categories in which the funds from a crowdfunding campaign can be included. We strongly suggest you take advice from the appropriate authorities of where the project emanates.
- Is KissKissBankBank responsible if the project creators do not declare as they should the funds they receive?
No.
KissKissBankBank always provides a bill of 8% all inclusive (commission + banking fees + VAT) validating the transfer of contributions so that the creators can declare their revenue as they should. However our responsibility stops here.

