How does Canadian taxes work with crypto.com? For example: I put $1000

Question

How does Canadian taxes work with crypto.com? For example: I put $1000

from fiat to my visa card and spend it. Is that taxable? Or I buy $1000 worth of ethereum than I sell it for $1100 and add all $1100 to my visa card.

Any advice?

Capital gains?

#crypto-exchange #cryptocom #english

0

24.11.2021

3 ответов

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Pino Bacic

I'm spending cash with this card for year now, no one ask nothing.....

0

24.11.2021

OnyxShadow [ Will Not DM First ] Автор вопроса

Pino Bacic
I'm spending cash with this card for year now, no ...

Thanks man, appreciate it!

0

24.11.2021

Ethereumadvocate · Accepted Answer

Ethereumadvocate

You need to ask your local tax advisor, internet forums are not the place to ask legal advice and companies on them are not in a position to give it.

0

24.11.2021

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How does Canadian taxes work with crypto.com? For example: I put $1000

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