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RE: How to Account for Crypto on your 2019 Taxes - Interview with the Founder of CryptoTrader.Tax
In Canada, we had to go from ... alt coin to bitcoin to $USD to $CAD. All at a given moment in time. The only difficulty was finding the exchange rates. Other than that, it wasn't too bad.
Once we had the $$$'s figured out, then we had to determine what was income versus capital gains etc, etc.
ahh interesting. Yeah this interview was focused on US tax law - but it sounds like you guys have some regulations around crypto up north too. Governments always want their piece of the pie. lol