Proposed Amendments to the GST/HST Treatment of Cryptocurrencies

Davies Lawyers | John J. Lennard, Ariane Hunter-Meunier and Eytan Dishy | May 27, 2019 The Department of Finance (Canada) (Finance Canada) has released, for public comment, draft legislative proposals (Draft Proposals) to amend the Excise Tax Act (ETA) in order to address certain issues regarding the treatment of virtual currencies for the purposes of