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How To Do Your Canada TurboTax Crypto Tax FAST With Koinly - 2023Crypto in Canada is taxed as property and gains subject to taxes as business income, % of which is taxable, or as capital gains. Cryptocurrency may be accepted as payment for a taxable good or service by a GST/HST registrant. In such a case, the GST/HST rules require that. 50% of capital gains and % of income from cryptocurrency is considered taxable. How is cryptocurrency taxed in Canada?