Regulations & Policy
Cardinal Point Wealth Management Explains How the Canada Revenue Agency Taxes Cryptocurrency - markets.businessinsider.com
•1 min read
Cardinal Point Wealth Management has outlined the taxation framework for cryptocurrency imposed by the Canada Revenue Agency (CRA). According to the guidance, cryptocurrencies are treated as commodities, and any gains from their sale are subject to capital gains tax, emphasizing the importance for Canadian investors to report their crypto transactions accurately.
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