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When your Bitcoin is taxed to keep tabs on the.
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How Do Crypto Taxes Work In Canada? (Everything You Need To Know) - CoinLedgerIt is taxed as a capital gain if the person was holding the cryptocurrency as an investment and taxed as business income if the person was. CRA treats cryptocurrency as property, and gains from crypto transactions are subject to taxation. The tax treatment depends on whether the transactions are considered part of a business or capital gains. While. This means that you don't need to pay taxes on gains made while holding crypto. However, anytime you either sell, trade, exchange, convert, or buy items with.
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