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RE: MOONSHOT!! Bitcoin in Canada SMASHES past the $4300 mark! | $3300 USD! | Perspective and Optimism in this Post as always. | 8-5-2017
Oh Canada.. wonder when the regulation will begin once they salivate over taxing crypto!
It's already done, any gains or losses made using crypto have to be reported to the CRA
https://www.canada.ca/en/revenue-agency/news/newsroom/fact-sheets/fact-sheets-2013/what-you-should-know-about-digital-currency.html
I'm wondering what to do if you haven't put any money into crypto (such as steem). There is no money trail as no banking institution can verify it.
Not sure how it works for crypto currency that was earned like Steem, the tricky part is when it comes to withdrawals to fiat, if it exceeds a specific amount the bank will report it to CRA and they will ask questions
These are the questions and answers the gubment fears.
People wonder why the informed are calling it #Canadastan and the #PoliceState
The government fks up everything they touch and have to have their greedy paws, like any gubment in everything anyone makes, to prop up the gold plated public "service" paychecks of every civil servant.
I use the word servant very very loosely.
Maybe the RCMP should actually be convicted of some things with all the scandals and bad policy around the Federal police force here since they were........ concocted back in the day.
Correction: The Asian Republic of Canuckistan.....
But even that I wouldn't have a problem with if all these other countries opened THEIR borders!
It's the hypocrisy and the duplicity of the situation ( and the political class) which bugs me the most; eventually, if we are to survive, we would all have to learn to get a long, but this is no way to get to that place.....
If you did not know, I have been a real activist here a long time and that is why the state is burying my file, after a car ran me down, to ruin me.
I am also a dues paying member of COMER.ORG / #COMER --- suing the Feds to get the banking policy and system BACK into the hands of the PEOPLE.
Look that up if you did not know about this fiat fraud robbing the people. I am sure you might know LOL