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This guide provides a comprehensive overview of cryptocurrency and digital asset taxation in Canada, explaining the CRAs stance on digital currencies, taxable events, and reporting requirements. It covers topics like capital gains, mining income, NFTs, GST/HST implications, and international transactions. Additionally, it highlights the risks of non-compliance, the use of tax tools, and future trends in cryptocurrency taxation, offering practical complexities of digital asset taxation. For more information, visit https://expatriatetax.ca/individual-income-tax-services/
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