What are the current tax brackets for cryptocurrency income in British Columbia?

1 answers

• Parth MouryaDec 08, 2023 · 2 years ago
  Ah, the tax brackets for cryptocurrency income in British Columbia! They are the same as the tax brackets for regular income. Here are the current tax rates for different income levels: - 5.06% on the first $41,725 of taxable income - 7.7% on the next $41,726 - $83,451 - 10.5% on the next $83,452 - $95,812 - 12.29% on the next $95,813 - $116,344 - 14.7% on the next $116,345 - $157,748 - 16.8% on the next $157,749 and above It's always a good idea to consult with a tax professional to ensure you're aware of any updates or changes to the tax rates.
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