When should Canadian crypto owners watch out for the taxman?

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With tax filing season just around the corner – tax returns can be filed from February 28 all the way up to the April 30 deadline – those who sold any crypto assets in Canada in the year 2021 should start thinking about their obligations to the Canada Revenue Agency (CRA) as soon as possible. And with cryptocurrencies, the filing process becomes considerably more difficult than it is with standard work

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Original Article Source Credits: WP, https://www.wealthprofessional.ca

Article Written By: Jean Dondo

Original Article Posted on: 

Link to Original Article: https://www.wealthprofessional.ca/news/industry-news/when-should-canadian-crypto-owners-watch-out-for-the-taxman/364053