Canada is expected to adopt the International Crypto Asset Reporting Framework (CARF) for taxation by 2026
2024-05-29 09:02:27
According to a supplementary document to the 2024 budget, Canada is expected to adopt the International Crypto Asset Reporting Framework (CARF) for taxation by 2026, which will introduce new reporting requirements for crypto asset service providers (CASPs), such as cryptocurrency exchanges, crypto asset brokers and dealers, and crypto asset ATM operators, whether they are individuals or corporate entities.
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