Layer2Geek
Nearly 40% of crypto users in Canada are dodging taxes or skating on thin ice with compliance issues—that's the word from tax authorities up north. They've deployed a team of 35 auditors who've been grinding through over 230 cases. The haul? Around $100 million clawed back in just three years. But here's the kicker: regulators admit there are holes in the legal framework that make tracking down tax evaders a real headache. Turns out, identifying who owes what in the crypto space isn't as straightforward as it sounds when the rules haven't quite caught up.
