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Cryptocurrency Tax Blog

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The Canadian Income Tax and Cryptocurrency Staking: Knowing the Income-Tax Consequences for Canadians in the Validation of Cryptocurrency Transactions in Proof-of-Stake Blockchain

Modes of Verifying Cryptocurrency Transactions on the Blockchain: Proof of Work (Mining) and Proof of […]
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Published: December 7, 2022
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Tax Planning to Mitigate the Impacts of the FTX Collapse: A Canadian Tax Lawyer’s Advice

Introduction: Massive Crypto Crashes Have Impacted Investors Worldwide The cryptocurrency derivatives exchange FTX Trading Ltd., […]
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Published: November 22, 2022
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Death, Taxes, and Cryptocurrency: An Analysis by a Toronto Tax Lawyer

Introduction: Taxation of NFT and Cryptocurrencies Many Canadians now use cryptocurrencies like Chainlink, Cardano, Polkadot, […]
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Published: November 17, 2022
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T1135 For Cryptocurrencies: Guidance From A Canadian Crypto Tax Lawyer

The T1135: What is it? Any specified foreign properties that a Canadian resident taxpayer owns […]
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Published: November 17, 2022
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Income Tax Repercussions for Employees and Employers Receiving or Paying Salaries or Wages in Cryptocurrency

Introduction: The Point at Which Employment Income Is First Subject to Canadian Tax Each tax […]
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Published: November 14, 2022
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Over 50 criminal leads are being pursued by tax fraud investigators in the UK, Australia, the Netherlands, Canada, and the US after they discover a potential $1 billion cryptocurrency-based Ponzi scheme - Advice From A Canadian Tax Lawyer Regarding Cryptocurrencies

Introduction: The International Tax Coalition's Cryptocurrency Campaign The Canada Revenue Agency (CRA) was one of […]
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Published: November 14, 2022

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