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Canada Crypto Tax Thread Anonymous Wed Aug 12 20:14:30 2020 No.21329017 [View]
File: 46 KB, 630x428, canada.jpg [View same] [iqdb] [saucenao] [google]

t. guy who listened to the old faggots back in the day and bought link.

Made some nice gains. looking to cash out my initial investment back into bank. I have made a bunch of trades in between. Alot. not all netted in profit. What happens If i sell my initial investment back into bank which for shits and giggles is 200k CAD. (a/ what is best exchange?) b/ must eye declare all the other trades and gains that are still theoretically in crypto therefore making my "initial investment" cashing out still taxable? or can I somehow take out initial untaxed and pay taxes in the future when cashing out all other gains?

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