Can Canadians use Bitcoin to pay taxes?
I am a Canadian citizen and I was wondering if it is possible for me to use Bitcoin as a payment method for my taxes. I have heard about some countries accepting cryptocurrencies for tax payments, but I am not sure if Canada allows it.
Do you have to pay taxes if you cash out Bitcoin?
I'm wondering if I have to pay taxes when I cash out my Bitcoin. I've heard different things about it and I'm not sure what the correct answer is.
Do you have to pay taxes on staking?
I'm wondering if I have to pay any taxes when I engage in staking activities. I'm not sure about the tax implications of this kind of transaction and would like to know more.
Do you have to pay taxes on crypto airdrops?
I don't understand this question. Could you please assist me in answering it?
Do you pay taxes on crypto fees?
I'm wondering if I have to pay taxes on the fees I incur when transacting in cryptocurrencies. Are crypto fees taxable, and if so, how are they typically treated?