Crypto Tax. Canadian Taxation of Crypto Assets

 

This webinar explains how crypto assets are taxed. The taxation of derivatives and GST/HST issues relating to crypto assets are also discussed

 

Thank you for your interest in my webinar

What you'll get:

  • Access to the video(s) for 6 months
  • 2.5 hours of verifiable professional development
  • A certificate of completion
  • Slides available for download (in PDF, if you want them)
  • Closed captioning (you can turn on or off)

 

This webinar explains the taxation of crypto assets, and derivatives, owned by individuals and corporations and includes: 

  • What are crypto assets (distributed ledgers, wallets, cryptocurrency, tokens, stablecoins, mining and staking) and their risks
  • Record keeping requirements and what counts as a sale of crypto assets (including barter transactions)
  • When you have a capital gain or business income, an adventure or concern in the nature of trade, and the tax consequences
  • Gifts, the denial of capital losses, foreign crypto and the T1135 (Foreign Income Verification Statement)
  • Property income and what are derivatives (e.g., call options, put options, futures and forwards) and hedging and how they are taxed
  • Goods and services tax (GST) / harmonized sales tax (HST) issues relating to crypto assets, including virtual payment instruments, mining and staking, small suppliers and GST/HST returns
  • Voluntary disclosure rules