Canadian Tax Agency Collects Over $100 Million in Crypto Audits Without Criminal Charges

According to ChainCatcher, court documents reveal that the Canada Revenue Agency (CRA) has collected over 100 million Canadian dollars through crypto-related audits over the past three years. Despite this, no criminal charges have been filed since 2020, highlighting structural limitations in the country's enforcement capabilities. The report notes that the CRA has a dedicated team of 35 crypto auditors who have handled more than 230 cases. It is estimated that approximately 40% of taxpayers using crypto platforms have either not declared their taxes or pose a high compliance risk source: https://www.binance.com/en/square/post/33417328663154?utm_source=BinanceNewsRSS