How is Bitcoin TAXED?? | How Does the CRA Classify Bitcoin?

Control and Compound with Darren Mitchell
19/02/2024 17 min Temporada 1 Episodio 111
How is Bitcoin TAXED?? | How Does the CRA Classify Bitcoin?

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Episode Synopsis

Darren and Christina are back with part 5 of their Bitcoin series and in this episode they'll be going over how Bitcoin is taxed in Canada and depending on certain scenarios, how does CRA classify Bitcoin. Tune in now! Show notes: 00:00 - Introduction 2:25 - How does the CRA classify Bitcoin? 5:45 - How is Bitcoin taxed at different price points? 11:10 - Is there any way to reduce or eliminate the taxes on Bitcoin? TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

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