Canada departure tax for crypto

[Cari]

Hi!

Is there any way how to avoid/minimize paying a departure tax in Canada on crypto held as an individual?

 

[Martin Everson]

See below.....he gives some ways to avoid it for crypto investors.

A Canadian Tax Lawyer’s Guide to Departure Tax & Cryptocurrencies

Cryptocurrencies are not generally exempted from departure tax but may be held in certain types of assets that do qualify for exemption from departure tax.

taxlawcanada.com

 

[Cari]

See below.....he gives some ways to avoid it for crypto investors.

A Canadian Tax Lawyer’s Guide to Departure Tax & Cryptocurrencies

Cryptocurrencies are not generally exempted from departure tax but may be held in certain types of assets that do qualify for exemption from departure tax.

taxlawcanada.com

thank you!