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How Do Crypto Taxes Work In Canada? (Everything You Need To Know) - CoinLedgerIs crypto taxable in Canada? Yes. The Canada Revenue Agency (CRA) is clear that crypto is subject to Income Tax. You'll pay Income Tax on half of any crypto. The Canadian Revenue Agency (CRA) treats cryptocurrency as a commodity subject to capital gains tax and income tax. 50% of capital gains and The profit that you earn from the sale or trade of cryptocurrency is taxable as either capital gains or business income, and you need to report.
