VAT threat to European crowdfunding?

https://www.google.com/url?rct=j&sa=t&url=http://www.gtglobaltrader.com/opinions/vat-threat-european-crowdfunding&ct=ga&cd=CAIyGmJjNGEwZWQ4N2QyMGU3Nzg6Y29tOmVuOlVT&usg=AFQjCNHijxGDP765j1SbW4zOyda_ci_W-Q