Raksha Bandhan 2023: The gifts are taxable in the hands of the recipient under Section 56(2)(x) but gifts from certain specified relatives are outside the scope of this provision
Introduction: Cryptocurrency-Trading Businesses in Canada
Canadian cryptocurrency-trading businesses face unique
challenges. The mostly unregulated cryptocurrency, non-fungible
token (NFT), and blockchain markets brings higher risk of fraud and
cyber-crime. The developments in blockchain technology bring about
an ever-increasing range of opportunities, arrangements, and
assets-smart contracts, cryptocurrency liquidity mining and yield
farming, and non-fungible tokens (NFT), to name a few. And some
cryptocurrency traders don t even realize that they re
carrying on a business, thereby misreporting their profits as
capital gains.
This article is meant for cryptocurrency-savvy Canadians who
seek to understand the tax advantages of operating their
cryptocurrency-trading businesses through a corporation. This
all. it s not recognized by the federal government, so here you are and you are working and you have now you want to cover him or her on your health insurance premiums. they are going to have positive pay income taxes on the costs of the insurance premiums. heterosexual couples would not have to do that. there are estate tax implications, and, again, income tax implications. social security implications. all kinds of ways where straight couples get breaks. homosexual couples do not. it costs the economy because money that s going into extra taxes, into these other expenses could be going into the economy to benefit everybody. suze, i know you did a special on this on cnbc last summer, and kind of big head scratcher out of this was that gay and lesbian couples pay more in this country to be treated unequally. so does that make any sense?