Canadian tax authorities’ approach to crypto-assets might discourage the country’s citizens from using digital assets, as things like double taxation remain an issue. While the US still struggles to bring regulatory clarity to the world of cryptocurrencies, its neighbor, Canada, currently faces taxation issues. The country was quick to introduce crypto taxes as early as in 2013. However, the country’s CPAs are concerned that tax rules might scare away future entrepreneurs. The crypto and blockchain
The post Why Canada’s Crypto Industry is Threatened by Tax Rules? appeared first on Bitcoinist.com.