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by krrrh
3103 days ago
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Capital gains is an issue for Canadians (and Americans) regardless of what exchange they use. Not reporting sources of income is tax evasion. It’s amazing to me how frequently discussions of bitcoin profits are mixed with a casual attitude towards committing a major felony. A lot of people made a lot of money this year doing very little work. Be happy you live in a society where this is possible. Pay your taxes. EDIT: And for everyone worried about a crash in 2018 resulting in a big 2017 tax bill that can’t be paid, a reminder that you can carry losses backwards in Canada for up to 3 years and get those taxes refunded. |
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