MultiversX Tracker is Live!

Binance Tax Report - Canada

Binance

Cryptocoins Exchanges / Binance 277 Views

I just wanna know if we should report the trades and everything we do on binance for tax purpose?

I've read the page on Canada.gov website where they tell how they consider trading crypto as stocks and we should report it as business income or capital gains.

If I have verified my account & have done the KYC, would binance itself report the trades, profits and other details to the government? How are we safe from this sh*t?

submitted by /u/Visual_Charity_2534
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments