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Tag Archives: Canadian tax laws

Non-Resident Real Estate Tax – Section 216

Record-Keeping Requirements for Yield Farming

Introduction Yield farming, a strategy where investors lend or stake their cryptocurrency to earn rewards, has specific record-keeping requirements under Canadian tax law.  Maintaining detailed and accurate records is essential for proper tax reporting and compliance with CRA regulations. What to Record Investors must keep comprehensive records of all yield farming transactions. This includes the […]