Superficiallossrule

One Move That Could Cut Your Bitcoin Tax Bill

December 31 isn't just New Year's Eve—it's your last chance to legally shrink your 2025 Bitcoin tax bill using a strategy most Canadian Bitcoiners don't know about. Tax-loss harvesting lets you sell underperforming crypto at a loss and use that loss to offset your Bitcoin gains from earlier in the year, but there's a trap called the Superficial Loss Rule that can kill the entire benefit if you're not careful. Charlene Tessier (Canadian Crypto Tax Expert) breaks down exactly how to do this right, what counts as a taxable event, and how to avoid the timing mistakes that get people in trouble with the CRA.

Cover image for One Move That Could Cut Your Bitcoin Tax Bill