Replying to Avatar p2x

I have a question for Canadian nostriches, especially those who live in Quebec. Is there a legal obligation to declare any of the following:

1. the purchase of bitcoins?

2. the purchase of goods with bitcoins?

3. the sale of bitcoins?

Thanks!
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p2x 2y ago

I mean declare *in your income tax declaration*

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Andressa 2y ago

To be fair, I have the same doubt about Brazil.

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medoyley 2y ago

You only need to declare if you are selling your bitcoin and make a business income or capital gains or if you are making income from your Bitcoin such as staking yields

Below is a blog that discusses the Canadian income tax guidelines for “crypto”

https://koinly.Io/guides/crypto-tax-canada/

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p2x 2y ago

That’s very informative thank you!