MAY 23, 2023
TaxDAO: Current status and analysis of cryptocurrency taxation in Canada
by Colin Wu, WuBlockchain
Series I: Current status of taxation of cryptocurrency in Canada
At present, the Canada Revenue Agency (CRA) has clear regulations on the taxation of cryptocurrencies, which includes provisions on taxable entities, tax obligations, income types, and tax calculations. Its concept and basic logic on cryptocurrency taxation have a certain reference value for the formulation of cryptocurrency taxation laws in other countries.
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