Post
Topic
Board Economics
Re: Bitcoin tax in Canada!
by
agentbluescreen
on 29/04/2013, 15:57:18 UTC

use your wallets and transfers at all those exchanges you can, often, problem solved...


Yes that whole taxing bitcoin thing is BS, and it is going to be difficult for them to catch it but I mean if for example I have a steady income of 500$ per week and in 2-3 years when bitcoins are worth more, I cash out some of it to partially pay a car let's say. Wouldn't the CRA be like hummm that's weird he just got 20k deposited and it's signed CaVirtex... Wouldn't they come after me?

Open Lybit and MtGox CAD accounts and use your wallet too. Nobody could tell you weren't also trading baseball cards or selling homemade jam, and where when how or how much BTC went or came from there or here or when or anything else for you or anyone else you deal with, that has to do with your BTC.