Overview:

As digital assets continue to reshape the global financial landscape, tax authorities are evolving just as quickly—imposing new rules, enforcement standards, and disclosure requirements. Whether you’re trading cryptocurrencies, investing in NFTs, managing DeFi portfolios, or holding tokenized assets, the taxation of these holdings is complex, fluid, and highly jurisdiction-specific.

At Gallant & Toole Inc., we offer expert Crypto and Alternative Asset Taxation services designed to provide clarity and compliance in a rapidly shifting regulatory environment. Our role is to help high-net-worth individuals, entrepreneurs, investors, and family offices understand, manage, and optimize their tax exposure across digital and non-traditional asset classes.

The Digital Wealth Dilemma:

What began as an alternative to fiat currency has become a sophisticated asset class—and with that, the IRS, CRA, HMRC, and global tax authorities have made clear: digital assets are taxable. Yet, rules around valuation, reporting, gain recognition, and classification vary widely and are evolving fast.

Improper reporting or non-disclosure can result in severe penalties, audits, and retroactive tax liabilities. Whether your exposure is modest or substantial, proactive compliance and strategic planning are essential.

What We Help You Manage:

• Cryptocurrency Trading & Holding We track the tax impact of buys, sells, swaps, forks, and airdrops across exchanges and wallets. From capital gains to income classification, we ensure your reports are audit-ready and optimized.

• NFT Acquisition & Sales We clarify taxable events for creators, collectors, and platforms—ensuring proper treatment of royalties, capital gains, and digital asset valuations.

• Decentralized Finance (DeFi) Transactions From yield farming and liquidity pools to staking and lending, we provide guidance on the tax treatment of complex DeFi activity across multiple chains.

• Mining, Staking & Token Rewards Income recognition, valuation timing, and jurisdictional implications are all analyzed in real time to reduce audit risk and align with your tax profile.

• Digital Asset Custody & Structuring We help structure wallets, trusts, and holding vehicles in tax-efficient jurisdictions to safeguard assets and enable smooth intergenerational transfers.

• Global Asset Reporting Compliance We support FATCA, CRS, FBAR, and Form 8938 compliance for offshore wallets, foreign exchanges, and digital assets held across borders.

• Loss Harvesting & Strategic Planning We analyze unrealized and realized losses to identify strategic planning opportunities and tax offsets—especially relevant in volatile markets.

Who We Serve:

• High-Net-Worth Individuals & Digital Entrepreneurs

• Early Crypto Investors with Significant Long-Term Gains

• Art Collectors & NFT Creators

• DeFi Developers & Platform Founders

• Crypto Traders Using Multiple Exchanges & Wallets

• Family Offices & Digital Asset Funds

• Cross-Border Clients with Digital Wallets and Offshore Exchanges

Why Gallant & Toole?

•  Up-to-Date on U.S., Canada, UK, and Global Crypto Tax Guidance

•  Integrated with Estate Planning, Trusts, and Wealth Structuring

•  Big-Firm Technical Rigor, Boutique-Level Attention

•  Secure Handling of Digital Financial Data

•  Discreet Advisory Tailored for High-Value Portfolios
  

Our approach is not one-size-fits-all. We work directly with you—and your legal, accounting, and technology teams—to ensure your digital holdings are reported properly, optimized strategically, and structured to grow and transfer across generations.

Stay Ahead of the Regulatory Curve

The rules are changing. Technology is evolving. And your wealth deserves the same level of sophistication. Let Gallant & Toole help you decode the complexities of crypto and alternative asset taxation with confidence and compliance.

📩 Book a Digital Asset Tax Strategy Session Contact Us