Digital Assets and Barter Transactions: The Hidden Crypto Trading Tax

The Canada Revenue Agency (“CRA”) defines a “barter transaction” as the reciprocal exchange of goods or services without the use of government-issued currency. Payments for goods or services made with cryptocurrency are generally treated as barter transactions by the CRA. This treatment has important tax consequences for individuals and businesses that utilize cryptocurrency.

Digital Asset Tax Planning in Canada: Structuring Best Practices and Pits and Traps to Avoid

There is a broad misconception that Crypto tax rules in Canada are a gray area of law. This is not true. In fact, Canada, which pioneered the expansion of digital assets post- Bitcoin with the creation of Ethereum and other seminal cryptocurrencies, was at one time a leader in Crypto regulation. This put Canada ahead of most countries in terms of having an established framework

Grinhaus law firm becomes first Canadian Law Firm in the Metaverse with virtual office in Decentraland

Grinhaus Law Firm, a boutique business, estates and tax law firm, as well as a leading firm in Blockchain advisory located in Toronto, Canada, has become the first Canadian law firm, and one of only a handful world-wide, to establish itself in the Metaverse