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HKL Tax Law

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Cryptocurrency / Cryptomonnaie

Loss from Cryptocurrency Fraud Accepted as Non-Capital Loss

EL · August 28, 2026 ·

Photo by Rafael Minguet Delgado The taxpayer in Amicarelli v. The King was a full-time employee. In 2017, after hearing from people she knew that they had made hundreds of thousands of dollars from investing in bitcoins, she decided to make the jump and open an account with QuadrigaCX, a Canadian cryptocurrency exchange. In order […]

The CRA Is Targeting Cryptocurrencies

EL · February 22, 2021 ·

There’s a lot of interest for cryptocurrencies. Bitcoin (BTC) and Ethereum (ETH) are the two most popular cryptocurrencies, but there are many more making their way up and gaining traction. Trading cryptocurrencies can be very rewarding if you entered the market early or if you purchased a cryptocurrency before a big rally.

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