Crypto Asset – I bought Bitcoin. Do I need to report it?

Even when no gain has been realized, some taxpayers may have tax obligations related to their cryptoassets, including the well-known Bitcoin. Since 2024, Revenu Québec has required detailed reporting of cryptoassets (Form TP-21.4.39). Thus, the mere fact of holding or acquiring cryptoassets creates a reporting obligation, even if no tax is due. In addition, disclosure […]