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Old 04-13-2021, 05:19 PM   #1344
bootsnixon
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Quote:
Originally Posted by accord1999 View Post
Legally, you're supposed to treat each transaction, even from one crypto to another, as a taxable event. The exchanges will provide a list of trade transactions but it's still up to you to determine the CAD value for that transaction.
To add to this, the transaction summaries are not the easiest things to decipher. There are now websites with crypto tax software that will compile and decipher your summaries from all your exchanges and wallets. Koinly and CryptoTaxCalculator are two that I'm aware of.

Last edited by bootsnixon; 04-13-2021 at 05:19 PM. Reason: spelling
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