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Day: January 27, 2023

Tax for ETH in Canada

Posted on January 27, 2023January 31, 2023 By gocoin
Tax for ETH in Canada
Taxes

In Canada, cryptocurrency is considered a commodity for tax purposes. This means that any profits made from the sale or exchange of Ethereum (ETH) are subject to capital gains tax. The tax rate for capital gains in Canada is half of the individual’s marginal tax rate, which varies depending on their income level. It is … Read More “Tax for ETH in Canada” »

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