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Topic: Canadian Authorities to impose the tax on Cryptocurrencies (Read 71 times)

full member
Activity: 406
Merit: 100
Regular greedy regulators that impede progress because of their technical illiteracy and conservatism
member
Activity: 215
Merit: 10
Canadian crypto-currency traders can breathe a sigh of relief and not worry that the government will introduce any new rules for taxing crypto-currency transactions. Canadian Finance Minister Bill Morneau, in an interview at the World Economic Forum in Davos, said that the government of Canada is not going to amend the current tax code of the country to determine special taxes on crypto-currencies.
newbie
Activity: 210
Merit: 0
Canadian tax obligations don’t exempt people who made money utilizing digital currencies. The taxes are implied on Canadian for income gain through virtual currencies. As cryptocurrency like Bitcoin and Ethereum made users to gain currencies.

Read more here: https://coinpedia.org/news/canadian-authorities-impose-tax-cryptocurrencies/
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