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Legal
Re: Gambling Tax on bitcoins in CAN
by
vendetahome
on
29/10/2013, 18:05:28 UTC
Quote from: moneyboss on October 29, 2013, 05:31:26 PM
but if you live in can you dont have to pay taxes if your gambling in fiat
You have to pay income tax if you exchange BTC to fiat. Obviously you can deduct the amount of fiat exchanged to BTC, so you pay tax from fiat profit