Tag Archives: CANADIAN ACCOUNTING & TAX BLOGS

Virtual Currency in Canada Tax

Virtual Currency in Canada: Tax Implications and Compliance in 2024

Introduction As digital currencies, such as Bitcoin and Ethereum, become increasingly mainstream, Canadian taxpayers and businesses need to understand the tax implications associated with using, trading, or earning virtual currencies. Virtual currencies are blockchain-based digital assets that can be used to buy or sell goods, services, or even transferred between users without the need for […]