Cryptocurrency Tax Evasion
Cryptocurrency tax evasion has quickly become a target of the Canada Revenue Agency (CRA). As cryptocurrencies and the profit they render have become more mainstream, there has been growing awareness of crypto tax evasion. The CRA is increasingly cooperating with international financial institutions and taxation authorities to fight international tax crime and money laundering through NFTs and cryptocurrency.
Consider how the experienced cryptocurrency lawyers at Crypto Tax Lawyer can advocate for you in any situation of tax prosecution.
Choose Crypto Tax Lawyer for Your Crypto Tax Evasion & Prosecution Matters
When you are facing tax evasion charges and prosecution, a Crown (Department of Justice CRA lawyer) Prosecutor will attempt to convince a judge beyond reasonable doubt that the taxpayer committed an illegal act related to tax evasion. The consequences involve steep penalties and even jail time. Trying to handle a NFT or crypto tax evasion case on your own, as with any criminal prosecution, will not only be stressful and overwhelming, but is an extremely bad idea that will likely result in a for tax fraud or tax evasion conviction.
When you work with a crypto tax lawyer, you get their expertise and experience dealing with cases similar to yours. No matter what stage your case is in, we have the resources to challenge the CRA and tax prosecutor, and when our clients are right, we will take the challenge as far as it needs to go.
Cryptocurrency Tax Prosecution Solutions
Crypto Tax Audits
When you are subject to a CRA crypto tax audit, the CRA can seize records located at your home, work, or from your accountant. If you are being pursued on tax evasion charges, you need the representation of a tax lawyer immediately.
Charges of crypto tax evasion can come with steep penalties. You need a top crypto tax lawyer who has the experience and track record of taking on cases like yours and dealing with the CRA. You need an attorney who understands tax criminal law and crypto writing and taxation.
Avoid Unnecessary Penalties
Tax prosecution from the CRA can be an overwhelming experience. The threat of severe penalties, including interest charges, fines, and jail time, is serious. A crypto tax lawyer can help you resolve the situation without facing unnecessary penalties.
Without proper legal support, you can face significant consequences. An expert crypto tax lawyer will make sure you understand the process and will communicate with the CRA on your behalf. Our experienced team is familiar with criminal tax charges, taxes, and cryptocurrency taxation.