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2440 Kensington Rd NW
Calgary, Alberta, T2N 3S1
Monday - Friday
9:00 am - 7:00 pm
(403) 708-3297
(403) 978-9139

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Swift
  • Home
  • Services
  • Tax Rates
  • Blog
  • Testimonials
  • About Us
  • Contact Us
(403) 708-3297
(403) 978-9139

Monday - Friday
9:00 am - 7:00 pm
2440 Kensington Rd NW
Calgary, Alberta, T2N 3S1
  • TAXATION OF BITCOIN AND OTHER CRYPTOCURRENCIES

    • Posted by:
    • Category: Capital gain/loss
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    The meteoric rise, and subsequent tailspin, in the price of bitcoin has incited rampant investment in cryptocurrencies. Over 1,400 coins or tokens are now in “circulation”. Often lost in the resplendence and chicness of buying and selling cryptocurrencies are the tax consequences. At a basic level, cryptocurrencies (or “crypto”) are property for purposes of the
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  • DONATING CAPITAL PROPERTY?

    • Posted by:
    • Category: Capital gain/loss
    No Comments
    When capital property is donated, there is a disposition for tax purposes, which may result in a capital gain.  The fair market value (FMV) of the property donated is used as the proceeds of disposition, and as the amount of the donation.  In some circumstances it may be helpful to designate the proceeds amount to
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