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cryptonews 2021-09-01 14:00:00

Canadian Tax Agency Launches Audit To Thwart Crypto Tax Evasion

The Canada Revenue Agency (CRA) is increasingly targeting crypto traders who have not yet reported their profits from transactions as part of a large scale audit implemented by the tax agency’s Cryptocurrency Section.The crackdown was signaled by Norman MacDonald, head of tax litigation at the Toronto-based law firm Rogerson Law Group. To identify potential

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