Post
Topic
Board Mining
Re: Taxes Mining Bitcoins
by
ryanyulinruan
on 29/10/2017, 04:33:34 UTC
As a Canadian living in Ontario, I have been mining bitcoins and altcoins for some time and do not pay taxes on the bitcoin that I mined. But that's mainly because I don't sell.
However, from what I heard, if you are a business and accept bitcoin, you have to report it. If you mined bitcoin and sold it, it counts as capital gain.