Crypto
Some countries tax bitcoin unrealised gains when taxpayers lose residency status
Some countries including Canada and Australia can levy tax on unrealised bitcoin gains when a taxpayer loses tax residency, prompting some high-value holders to consider emigration timing ahead of selling, CryptoSlate reported. Automatic exchange of crypto transaction and tax residency data under CRS and CARF is reinforcing the focus on tax residency. The OECD says 76 jurisdictions plan to join CARF, with cross-border exchanges starting in 2027. Rules vary across the UK, Spain, the United States and Puerto Rico.
