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Published: May 14, 2024

According to a report from the National Post, the Canada Revenue Agency is currently looking to collect CAD 54 million ($39.5 million) in unpaid crypto trading taxes. But, according to one lawyer, this figure is just a “drop in the bucket” in suspected unpaid taxes tied to cryptocurrency activities in fiscal year 2023-2024.


"This article provides information of a general nature only. It is only current at the posting date. It is not updated and it may no longer be current. It does not provide legal advice nor can it or should it be relied upon. All tax situations are specific to their facts and will differ from the situations in the articles. If you have specific legal questions you should consult a lawyer."

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