NFT (Non-Fungible Tokens) Tax and Accounting, Cryptocurrency Accounting and Tax Services in Canada
“If you created and sold/traded your own NFT, it’s considered business income, and 100% of the earnings are taxed. If you sold a previously purchased NFT, it’s considered capital gains, and only 50% of your earnings get taxed. Contact @taxpartnerscanada or email us at info@taxpartners.ca.”
As of today, the “NFT (Non-Fungible Tokens) Tax and Accounting, Cryptocurrency Accounting and Tax Services in Canada” video, uploaded by Tax Partners Canada – Accounting, Crypto Tax on 2022-11-29 12:00:11, was viewed 4011 times and had 5341 likes.
A non-fungible token (NFT) is a non-interchangeable unit of data that may be sold and traded that is held on a blockchain, a type of digital ledger. Digital media such as audio, videos, and photographs may be connected with several types of NFT data units.
