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Wondering how to do your crypto taxes? More and more Canadians are dipping their toes into the world of Bitcoin trading, which underlines the importance of general knowledge of how to report and pay taxes on cryptocurrency in Canada. If you're a Bitcoin trader in Canada and wondering what, if anything, you need to report on your taxes, you're in the right place. In this video, we go over what you need to know regarding Bitcoin and your Canadian tax filing. We talk about how Bitcoin is considered a commodity and not legal tender, and what effect that has on your tax returns. And we give a step-by-step breakdown of best practices when it comes to declaring and keeping records of Bitcoin purchases, sales, and trades, as well as how to properly report them on hour income tax forms. So for a better sense of how to handle Bitcoin on your taxes in Canada, check out this video today. And for more info, head here: https://learn.virgocx.ca/bitcoin-tax-... ===== Check Out Our Websites ==== ☑ https://virgocx.ca/ ☑ Sign up here: https://virgocx.ca/page#/register ☑ Refer a friend and you both earn $ 30 CAD! https://virgocx.ca/en-referral-program/ ===== Follow us on Social ==== Twitter: https://twitter.com/home LinkedIn: / virgocx Instagram: / virgocx_official