Re: Canada ONLY: Taxes and law

Quote from: arfeniel on March 22, 2014, 06:50:47 AM

This is old news now but : http://news.gc.ca/web/article-en.do?nid=787789

Also, for those living in Québec, Canada : http://www.lautorite.qc.ca/en/press-releases-2014-autre.html_2014_alert-bitcoin.html

I tried reading that... it hurt my brain.

Lets say i bought 1 BTC in June of 2012 for $5, i then sold that 1 BTC in dec of 2013 for $1000.

Is that a capital gain or an income gain?