According to the government's website, you are only taxed 50% of your gains. Then, depending on your income bracket rate, you are taxed on that 50%.
So if you're a neet with 12k of income, you are taxed 0% of all capital gains, right? Am I reading this correctly? Seems too good to be true.
Capital gains taxes, CANADA
Grayson Hall
Ethan Fisher
>only taxed 50% of your gains
>only taxed 50%
>only
Eli Cook
if your primary source of income is trading then you will be taxed on the entire gains
sorry NEET, you can't escape the tax man
Benjamin Gutierrez
USA taxes 100% of your gains
Chase James
this girl is disgustingly fat
Camden Miller
Sauce OP
Adam Rodriguez
Here’s your (you)
Henry Morgan
So what if you are OP but instead have no income and take out 12k of crypto, since the rate is 0% are you taxed?
Adam Diaz
you probably weigh 900lbs too. look at this bitches belly button. you could put a pizza in that shit.
Hunter Johnson
>12k income
>Seems to got to be true
Imagine being this excited to be poor