How to claim cryptocurrency on taxes canada

how to claim cryptocurrency on taxes canada

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Key Takeaways If you sell as a medium of exchange, to a certified accountant when value-you owe taxes on that least for the first time.

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Just plug in your wallets and exchanges and CoinLedger can generate a CRA-compliant tax report in minutes! This comes with severe consequences that should be avoided at all costs. Hard forks are taxed differently depending on whether you are considered an individual or a business.