WHAT THE FUCK

I am a CPA in Canada. You are wrong, end of discussion. Only money cashed to a Canadian bank account needs to be reported.

I'm just paying tax on what I cash out. There is no way for me to track crypto to crypto considering I use shapeshift. And at that rate all my trades were 98% loss.

It's on the CRA website.

This is exactly why I don’t swing trade, ever.

Canada is a fucking pathetic joke, I owed the CRA $40k and all I did was move to Tokyo and these faggots can't do shit.

That's my plan if I make enough I'm gonna immigrate to the Czech Republic and or cash out in Belarus then move to Czech Land.

Isn't there a minimum tax threshold? Why not just Tether up and just cash out small amounts as you need it?

As far as I know nope there isn't and the CRA is useless as fuck to clearly define tax rules on crypto. As for cashing out small amounts basically your transactions get recorded if they are persistent and or deemed large enough to the tax dicks. We have something called FINTRAC a team of pricks to fuck over Canadians on taxes and other financial doings.

Thanks senpai. Booking a flight to costa rica to make a deposit