Navigating Tax Implications of Cryptocurrency and Digital Assets

Navigating Tax Implications of Cryptocurrency and Digital Assets

4 minutes to read As digital currencies and assets become increasingly mainstream, understanding their tax implications is essential for investors and businesses alike. The Canada Revenue Agency (CRA) has established clear guidelines for reporting cryptocurrency transactions, and non-compliance can lead to significant penalties.

Taxation of Real Estate (rental property)

Taxation of Real Estate (rental property)

6 minutes to read First what you should do before buying a rental property is determine whether to register a corporation for this purpose or make a purchase as a private person. If you are able to pay for insurance when acquiring a property, the benefit from using a corporate structure will be insignificant.