RE: Valuing Steem Rewards As Taxable Income Is A Vast Overstatement Of Tax Liability - Part 1

[henryjmah]

I'm a Canadian citizen, thankfully we aren't there yet with being taxed for actually making passive income in this way.

Comments

[lexiconical]

That's a relief for Canadians! Trudeau is a snake though, so don't forget what Niemoller wrote:

"First they came for the Socialists, and I did not speak out—
Because I was not a Socialist.

Then they came for the Trade Unionists, and I did not speak out—
Because I was not a Trade Unionist.

Then they came for the Jews, and I did not speak out—
Because I was not a Jew.

Then they came for me—and there was no one left to speak for me."

[rok-sivante]

Uh, don’t want to burst your bubble, but we’re far from exempt from this matter in Canada.

This is the best update I’ve seen in regards to the matter here:

Canadian Taxation Of Cryptocurrencies... So Far