No, Yes, Yes. Every time you sell or use Bitcoin, CRA treats it as a taxable event for capital gains purposes. Purchasing BTC is not a taxable until you dispose of the BTC.
I believe CRA treats BTC as a commodity and taxes it the same way. Very much the same as gold holdings.
Iain /
npub1hh…npsll
2023-05-03 03:38:06
in reply to nevent1q…l2cx
Author Public Key
npub1hhaser00svlntr7d4rwyu57msv6nkzvdtxa75kwl4kqknhtt3unqrnpsllPublished at
2023-05-03 03:38:06Event JSON
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"pubkey": "bdfb0c8def833f358fcda8dc4e53db83353b098d59bbea59dfad8169dd6b8f26",
"created_at": 1683085086,
"kind": 1,
"tags": [
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"content": "No, Yes, Yes. Every time you sell or use Bitcoin, CRA treats it as a taxable event for capital gains purposes. Purchasing BTC is not a taxable until you dispose of the BTC. \n\nI believe CRA treats BTC as a commodity and taxes it the same way. Very much the same as gold holdings.",
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}