While Voyager went bankrupt in 2022, past transactions are still subject to tax. Prior to bankruptcy, Voyager was registered with FINTRAC — a government agency designed to prevent tax fraud and money laundering. It’s likely that the company will continue to report to the CRA through the bankruptcy process.
For more information, check out our guide to how to report Voyager losses on your taxes.
Yes. Cryptocurrency — on Voyager and other platforms — is subject to income and capital gains tax. This applies to transactions made before the Voyager bankruptcy filing.
For more information, check out our complete Canada guide to cryptocurrency tax.
While Voyager no longer allows customers to make transactions, the exchange legally operated in Canada prior to its bankruptcy.
Remember, there is no way to legally evade your taxes in Canada. However, tools like tax-loss harvesting and cryptocurrency tax software can help you save thousands of dollars legally.
For more information, check out our guide on how to avoid crypto tax in Canada.