Canada Tax Questions Answered by Experts
Are you asking about what you pay in Canada or the US?
What you would do is you would file a tax return and you would report one half of the increase in value as a capital gain. One half of that would then go into your income for tax purposes.
However, you would receive foreign tax credit for any tax paid in the US. So if you paid capital gains tax in the US what you paid would be deducted from what you need to pay to the CRA.
Does that answer your question?