How to calculate your crypto tax in Canada

The CRA requires records of every crypto transaction in CAD, including dates, wallet addresses, and exchange records. Learn what to keep and for how long.

If you traded on Coinbase this year and you're based in Canada, you have tax obligations. April 30 is the filing deadline. Here's what you need before you get there.

Summ now supports Kalshi, MegaETH, CoinRabbit, and WhiteBIT. Import your prediction market trades, Layer 2 transactions, lending activity, and exchange data for complete tax reporting.

Canada uses the Adjusted Cost Basis (ACB) method for crypto capital gains. Learn how to calculate it correctly across all your wallets and exchanges.

The CRA taxes crypto as a commodity in Canada. Most disposals trigger a capital gains event. Learn what's taxable, what's exempt, and key filing deadlines.

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The Buy, Borrow, Die approach has long been used in traditional finance to preserve wealth, optimize taxes, and maintain exposure to appreciating assets. With the rise of crypto-backed lending, the same framework has become increasingly relevant for digital asset holders, making it accessible far beyond institutional circles.

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Summ now supports Polymarket and Monad. Import your betting and transaction data via wallet address or CSV for complete tax reporting.

We're proud to announce our new partnership with CoinRabbit, a crypto asset management platform with loan, earn, trade and save services whose users often engage in on-chain activity that can carry tax implications.

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Lock Periods lets you freeze past tax years while safely optimizing current ones. Lock historical data, experiment with accounting methods, and improve tax outcomes without risking previously filed reports.