HanbokGlamour
Fri Mar 29 2024
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7 answers
1375
Is crypto taxable in Canada?
Good afternoon, I am a Canadian citizen and a recent entrant to the world of cryptocurrencies. I have been investing in various crypto assets and trading them actively on various platforms. However, I am somewhat confused about the tax implications of my crypto activities in Canada. Could you please clarify if cryptocurrencies are taxable in Canada and, if so, what are the specific tax regulations and reporting requirements I need to be aware of? Thank you very much for your time and assistance.
CryptoLegend
Fri Mar 29 2024
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6 answers
1564
How much is taxed if you make 100k a year in Canada?
Excuse me, I am a Canadian taxpayer and I earn approximately 100,000 dollars per year. I am somewhat confused about the tax regulations in Canada. Could you please clarify how much tax I am supposed to pay on this income? Is there a specific tax bracket for this income range, or are there any deductions or allowances that I could benefit from? Thank you very much for your assistance.
DavidLee
Fri Mar 29 2024
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7 answers
1501
How is XRP so cheap?
I'm a bit puzzled. I've been following the cryptocurrency market for a while, and I've noticed that XRP, which is supposed to be a pretty big and well-known coin, is priced relatively cheaply compared to some other major cryptocurrencies like Bitcoin and Ethereum. It even seems to be cheaper than some of the newer, less well-known coins. Can you explain why that is? Is there something I'm missing here? Is XRP really worth so much less than these other coins, or is there something else at play?
Claudio
Fri Mar 29 2024
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6 answers
1176
Will ripple hit $5?
I've been hearing a lot about Ripple lately, and I'm really interested in investing in it. But before I do, I want to know if you think Ripple has the potential to reach $5 per coin? I've seen it fluctuating a lot recently, and I'm not sure if it's a good time to buy or if I should wait. What do you think? And if you do think it could hit $5, when do you think it might happen? And what factors do you think could influence its price movement in the future? I'd really appreciate your thoughts on this.
AltcoinExplorer
Fri Mar 29 2024
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7 answers
1383
Is Binance not allowed in Ontario?
I'm a bit confused about the regulations surrounding Binance in Ontario. I've heard different things from different sources, and I'm not sure what the truth is. Is Binance actually allowed to operate in Ontario, or is it considered illegal? If it's not allowed, what are the consequences for using it? And if it is allowed, are there any specific rules or regulations that need to be followed? I'd really appreciate it if you could clear this up for me. Thank you!
