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 got the same issue but I'm on Windows 7 SP1 64bits.

Seriously, what is so hard about paying taxes. Just do it!

If you want to pay less taxes, you need to elect politicians who care more about the people and the future of the country that their reelection. And also, cut in services.

I'm running Windows 7 home premium


I can work with that. I will create a new wallet with Armory and play around with this app.

Great job btw!

I downloaded version 0.75.1 and 0.76 and I can't migrate my Bitcoin wallet. It was never touch by the Bitcoin client version 0.6.
With both version 0.75.1 and 0.76, when I click on the migrate button nothing happen...

Do I have to close the Bitcoin client before trying to migrate the wallet?

Thanks

This is the best way to help legitimate Bitcoin and put some light on the good things we can and should do with Bitcoin instead of having SilkRoad thow in our face every time Bitcoin is mention in the media.

Now I can't get this out of my head and I can't stop laughing... damn first degree jokes!

I just found this in the forum:

Bitcoin exchange not the same as LD exchange?
https://bitcointalk.org/index.php?topic=53458.0

I don't think gift card can loses or gains value if you let them sit. I'm pretty sure a 100$ gift card will always be worth 100$ no more no less. We can't say that about Bitcoin.

How does work Facebook credit and SecondLife Linden (they have a exchange - LindeX) ? Isn't Bitcoin kinda like those virtual currency?

Personnal experience, no. But that doesn't mean I should not have paid taxes.


Also


I'm from Canada, Apple knows I'm from Canada since every time I buy or rent something (music, movies, etc.) they send me a bill by email and my physical address is shown. Also, they are registred in Canada (Apple Canada) so they have taxes numbers. I don't know why they don't charge me taxes but they should have. Since I have not paid taxes I should make a declaration of self-assessment.

Anyway, the OP should contact the revenu agency to make sure it won't come back in it's face if he doesn't charge tax on fee or if he doesn't declare capital gains or loses.

Fom the The Carleton Student Engineering Society's Lounge and Store website :

Wow, I miss read the OP.

I still think that if YOU buy bitcoin, be it a exchange or between two individuals, and YOU paid a fee to on top of what the bitcoin valuation, since you are a Quebec resident, you should fill out a form to declare the tax you did not pay.

For the part where you ARE the exchange, you don't have to charge tax. Just think of Canadian Tire money (CDNT) : You can exchange it for money with someone else and not be paying tax as long as the 5 CDNT is exchange for exactly 5 CAD. Now, here the tricky part : BTC/CAD change often. So you have to declare gains or loses as you would do for any financial product. Also, if you charge fee for providing the service of exchanging bitcoin you have to charge tax on those services.

You should consider writing (not calling) to Revenu Quebec to avoid suprises. Also, do as Meni and get a accountant who may know a little more about tax law that we do 

Cheers

You can argue that bitcoin is a currency and as such you should not pay tax. I'm not sure, but I think you have to pay tax on the fee they charge you. Since they are not registred in Qc, you have to fill a form to declare the amount of tax you should have paid. Also, any capital gain (and loses) should be declare.

Cheers

My reply was meant to be humoristic. As you know now, my first language is not english so I may sound off sometimes...


For my defense, you do write quite long posts 


How did I miss that 


I don't think one was due but be sure it is accepted. I did expect someone to be alerted by my post. I did post it 5 min after the thread was started...

I still didn't get the command of the English language. Care to elaborate? I swear I won't take it personnaly 

Cheers!
Arfeniel

So I received this email while I was at work today :


When I got back, I immediatly jump on my computer to read the whole saga. Well not right away, I did take a walk my dog first. Anyway, it's amazing that, exactly 4 weeks and 3 days (something is going on here) after being a member of this forum and only 2 days (wait a minute, I smell something odd) after joining the big league, I'm involve in some kind of conspiracy or scam or fud (whatever makes you happy). I don't know if we can call it luck :


but if I was Phinnaeus Gage, I would not want me to pick lottery numbers for sure.

About the 11-20-2011, what should I be looking for on Google? Is it the Dilbert commic strip (http://dilbert.com/strips/comic/2011-11-20/)?

Ok, so back on track. I'm not simplecoin nor am I related to him. I commented of a nice website and what looks like a easy to use service. Was I wrong? Also, I did not, and will not anytime soon, buy Bitcoin through is website. Heck, I have a btc-e account and never transfer any currency in it. Same thing with my Paxum account. I'm interested in Bitcoin. I want to see it grow and conquer the heart of those who are sick of the current banking system and his fees. I run the client 24/7 to support the network even though I don't have any Bitcoin (well, only 0.05611137 BTC coming from my hard working 1.03 khash/sec miner).

Btw, what do you mean by :

Not quite sure to understand. After all, I am french canadian, eh!

Until the next thrilling saga,
Arfeniel

Nice web site. I like the fact that it's simple, lean and clean. The process of buying bitcoin seem simple enough. Great work!

easly use Bitcoin for every day purchase or payment.

I mean, it would be nice to have a "Bump"-like application on smart phone and transfert money to a friend or pay for some goods or services.
Or no need to waite 3-4 days to wire money to a international account (legally) - well you wouldn't need a bank account anymore so...

Yeah, good dreams

I know paxum now accept credit card to fund account but they charge a 4.95% + $0.50 fee.
You may want to try http://www.tradebitcoin.com/. It will, as they put it, help you "find local Bitcoin traders in your area".

Hope this help.

Cheers!

Yeah, I wonder if they say the same thing about cash? ... nop they didn't!
It feel like they take position and try to "push" the neophyte away from bitcoin

How can it fail? Well, it could go the same road Amiga did. The thing is not dead, they release a version in august 2011 if I'm not mistaking. It's alive... well sort of. Or like Betamax. It was seen as a better technologie (quality) than VHS, but the ease of use of the VHS and it's fast adoption of home user killed the Betamax. Sure, Betamax survived, as Betacam, in the  professional and broadcast video industry.

Don't get me wrong, Bitcoin is great. But it need too seduce the home user. For that, you need simplicity. I know I have to keep my bank pin number secret. But I don't need to worry about how I should make my bank account secure with encryption, backup and fire/watter/electromagnetic proof vault. If Bitcoin "fail", it's because it fail at simplicity.