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Author Topic: CANADA - What you should know about digital currency  (Read 860 times)
knight22 (OP)
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November 07, 2013, 04:14:53 AM
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From the Canadian government website
http://news.gc.ca/web/article-eng.do?nid=787789

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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Phinnaeus Gage
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November 07, 2013, 07:55:04 AM
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It would cost the US tax payers at least $100M for some US agency to put together the same amount of paragraphs on that page, and it would probably say the same thing.

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November 07, 2013, 09:46:30 AM
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They should have specified the extension of primary and secondary income as their was a CRA ruling on that
Then again it probably got to complicated why their is a redirect Cool
More information on the tax implications of barter transactions is available by consulting the Canada Revenue Agency’s Interpretation Bulletin IT-490, Barter Transactions

Still it is kind of cool to see it on the government website

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