Foreign property tax implications associated with owning cryptocurrencies

Financial Post | Jamie Golombek | Oct 14, 2021 Where, exactly, is your cryptocurrency located? It's complicated If you hold foreign property whose total cost exceeds $100,000 at any point in a tax year, you’re required to file Form T1135. The form covers the obvious things, such as your Swiss bank account or Cayman offshore

The post Foreign property tax implications associated with owning cryptocurrencies first appeared on National Crowdfunding & Fintech Association of Canada.