How does Canada tax profits from cryptocurrency trading?
Rhey Victor MacayranSep 08, 2022 · 3 years ago1 answers
Can you explain how the Canadian government taxes profits made from trading cryptocurrencies?
1 answers
- Mohamed ElkhtiarJan 28, 2025 · 7 months agoAt BYDFi, we understand the importance of tax compliance when it comes to cryptocurrency trading. We encourage all our users to accurately report their profits and comply with the tax laws of their respective countries. While we can't provide specific tax advice, we do provide transaction history reports that can help you keep track of your trades. Remember, it's always better to be safe than sorry when it comes to taxes.
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