Tax Map · Crypto tax rankings

Crypto tax in Canada

Crypto in Canada is taxed under a special / mixed regime.

Treatment
taxed under a special / mixed regime
Long-term
Still taxed
Headline rate
33%

In Canada, a relocating individual’s crypto gains are always taxable (as business income or as capital gains with only a partial inclusion) with no tax-free long‑term holding period, and are taxed at their normal federal and provincial income tax rates.

“The CRA generally treats crypto-assets like a commodity for purposes of the Income Tax Act. As a result, the tax treatment of income or capital from transactions involving crypto-assets generally follows the existing rules for barter transactions. You have to report all income or capital gains from transactions involving crypto-assets on your income tax return.[7]” Canada Revenue Agency (CRA)

Reflects the treatment of an individual's crypto disposals. Estimate — confirm against the linked source. See methodology.