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Published: May 7, 2024

A veteran tax lawyer and cryptocurrency specialist David Rotfleisch says the agency needs to do significantly more education about what cryptocurrency owners’ and traders’ tax obligations are.

“Fifty-four million, that’s pocket change,” said David Rotfleisch, managing partner of Toronto firm Rotfleisch and Samulovitch. “I’ve had multiple clients with multimillion dollar (crypto) issues … and I’m just one tax lawyer. That’s a small number.”

Disclaimer:

"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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