Taxes · CAN
Taxes in Canada
In Canada, the CRA treats cryptocurrency as a commodity. Profits from selling crypto are subject to capital gains tax, with only 50% of the gain included in taxable income at the individual's marginal rate. Income from mining, staking, or receiving crypto as payment is fully taxable as business or employment income. There is no GST/HST on buying or selling cryptocurrency itself.
Income tax
Mining rewards, staking income, and crypto received as payment for goods or services are treated as business or employment income and taxed at the individual's full marginal rate, ranging from 20.5% to 33% federally plus provincial tax.
VAT / GST
Exempt. The CRA treats cryptocurrency as a commodity, not currency. Buying or selling crypto itself is generally not subject to GST/HST, though GST/HST may apply to goods or services purchased with crypto.
Capital gains
Only 50% of capital gains are included in taxable income for individuals (the inclusion rate). Gains are taxed at the individual's marginal income tax rate. Note: a proposed increase to 2/3 inclusion rate above CAD 250,000 was announced but not passed into law as of January 2026.
Type case, not tax advice: figures describe a single average earner and standard rates; your situation depends on residency, deductions and local rules. Verify with the tax authority before acting. — Fiatmap