Canada Revenue Agency recovers $100 million from crypto audits without criminal charges since 2020

lapresse.ca (French)

Canada's tax agency has recovered $100 million from crypto audits in three years but has not laid criminal charges since 2020. The Canada Revenue Agency (CRA) acknowledges that up to 40% of crypto users may not be filing taxes or are at high risk of non-compliance, despite having a dedicated team of auditors. The CRA is facing challenges in identifying crypto taxpayers and ensuring compliance, with criminal investigations being complex and lengthy.


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