How to avoid day trading taxes?
I'm looking for ways to reduce or avoid taxes on my day trading activities. I want to understand the strategies or loopholes that can help me minimize the tax burden on my profits from day trading.
Does Coinbase track my taxes?
I am using Coinbase for cryptocurrency transactions. I am wondering if Coinbase keeps track of my taxes. Do they report my transactions to tax authorities or provide any tax-related services?
Can you deduct investment losses?
I'm wondering if it's possible to deduct any investment losses when filing taxes. I've heard mixed opinions on this and would like to know the official stance.
Do you have to declare Bitcoin on taxes in Canada?
I am a Bitcoin holder in Canada and I am wondering if I need to declare my Bitcoin assets or transactions related to it when filing taxes. Is there a tax obligation for Bitcoin in Canada?
Do Canadians pay taxes on Bitcoin?
I'm a Canadian and I've been investing in Bitcoin recently. I'm wondering if I need to pay taxes on my Bitcoin earnings. Do Canadians have to pay taxes on their cryptocurrency holdings, specifically Bitcoin?