Award Winning Tax Lawyers in Toronto – Barrett Tax Law

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CANADA'S LEADING TAX LAWYERS

What's New With
Cryptocurrencies
& Bitcoin?
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Welcome to the Barrett Tax Law
Cryptocurrencies Service

We would like to announce that we are able to provide cryptocurrency advice to the full range of clientele including investors,
traders, institutions, crypto miners, and data centre operators.

We also provide Escrow services for transactions performed with cryptocurrency.

We accept all major cryptocurrencies as payment for our services.

3 Ways to Schedule a Consultation

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ONLINE FORM

If you require a legal opinion about Cryptocurrency and its tax treatment, we would be pleased to provide you with a confidential consultation.

CALL US TODAY 1-877-882-9829

Cryptocurrency Profits in Canada: Capital Gains vs. Business Income

I am asked all the time whether somebody has to pay capital gains tax on their cryptocurrency gains or whether they have to pay business tax.  The answer invariably, is “it depends.”

Tax Treatment of Cryptocurrency Theft and Loss

So, after investing in Bitcoin and Ethereum, the North Koreans hacked one of your cryptocurrency exchanges and you lost a Bitcoin after it had hit $20,000 USD…