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Blog Post | TaxEd International

Cryptocurrency Audits Have Begun

Fasken
Reading Time 1 minute read
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Forbes reports that the Canada Revenue Agency (“CRA”) has initiated audits in the cryptocurrency space, sending select taxpayers a lengthy and exacting questionnaire requiring information regarding the taxpayer’s investments, cryptocurrency purchases and sales, mining history, assets, wallets, and Initial Coin Offering (“ICO”) participation. The initiative is part of the CRA’s underground economy strategy, which describes … Continue reading Cryptocurrency Audits Have Begun »

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