Andrew BelyaevDec 27, 2021 · 3 years ago7 answers What are the tax implications of using cryptocurrencies for transactions in Canada compared to the US dollar?
What are the tax implications of using cryptocurrencies for transactions in Canada compared to the US dollar? How does the Canadian government treat cryptocurrencies for tax purposes? Are there any specific regulations or guidelines that individuals and businesses need to follow? How does it differ from the tax treatment of transactions in the US dollar?