Canada’s tax authority has told investigators that roughly 40% of people using crypto platforms are at risk of not paying the right amount of tax.

Reports have disclosed the figure as part of a wider push by the Canada Revenue Agency to bring crypto activity into the tax system.

The move has already led to audits, court orders for data, and recovered funds, but criminal charges remain rare.

Audit Findings And Numbers

According to CRA figures, about 15% of flagged crypto users failed to file returns at all. Based on reports, another roughly 30% of those who did file are deemed high risk for under-reporting or other compliance gaps.

The agency’s specialist unit — reported to be around 35 auditors — has handled more than 230 audit files tied to crypto activity.

Canada’s crypto tax c

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