Anish Kamboj

Anish Kamboj

recognized lawyers icon Recognized in Ones to Watch since 2027
Awarded Practice Areas
Tax Law
Works at
Solstice Law

Biography

Anish Kamboj is a crypto tax lawyer in Toronto and the Principal and Founder of Solstice Law, one of the few Canadian firms devoted exclusively to crypto tax. He advises individual taxpayers, traders, high-net-worth clients, Web3 protocols, exchanges, funds, and multinationals, in Canada and across borders, and leads a team of four.

His practice has two halves. On the planning side, he structures token distributions and generation events through domestic and offshore vehicles, guides founders from startup through acquisition, advises on departure tax and jurisdictional planning for businesses and individuals relocating abroad, and addresses income, excise, provincial, and international tax exposure before it crystallizes.

On the dispute side, he represents taxpayers against the Canada Revenue Agency through audit, notice of objection, and appeal, and acts on voluntary disclosures for clients with unreported digital asset holdings.

He also advises on the regulatory perimeter that increasingly surrounds this work: anti-money laundering and FINTRAC obligations, stablecoin regulation, and the securities treatment of digital assets. Canada's proposed adoption of the OECD Crypto-Asset Reporting Framework narrows that perimeter further, and Anish counsels exchanges, brokerages, and traders on what those reporting obligations will require of them.

Anish teaches Advanced Taxation at the University of Windsor Faculty of Law and coaches its team at the Donald G.H. Bowman National Tax Moot. He has written on the taxation of cryptocurrency since 2020, in Tax Notes, Taxes & Wealth Management, the Practitioner's Income Tax Act, McCarthy Tétrault's Canada Tax Service, and the National Insolvency Review. He has presented on decentralized autonomous organizations alongside counsel from the United States, Portugal, and Norway, and has lectured on crypto asset taxation to accountants, finance professionals, and law students.

Anish was called to the Ontario bar in 2021. He holds a dual JD from the University of Windsor and the University of Detroit Mercy, and has completed the CPA In-Depth Tax Course. He is a member of the Canadian Tax Foundation, the International Fiscal Association (Young IFA Network Study Group), the Metaverse Bar Association, and the Ontario and Canadian Bar Associations.

Works at
Solstice Law

Locations

Bar Admissions

  • Ontario, Law Society of Ontario, 2021

Client Testimonials

Awards & Focus

Recognized in Best Lawyers: Ones to Watch in Canada 2027 for work in:
  • Tax Law
Additional Areas of Practice:
  • FinTech Practice
  • Technology Law
  • Banking and Finance Law

Q&A

Solstice Law does one thing: tax and regulatory work for the digital asset industry. Most tax lawyers encounter crypto occasionally. We built the practice around it.

That means we already know how the CRA characterizes staking rewards and token generation events, what happens to adjusted cost base across a hard fork, and where a token launch sits between securities and commodity treatment. Clients don't pay us to learn their industry.

I have been writing on these questions since 2020 — for Tax Notes, Taxes & Wealth Management, and the Practitioner's Income Tax Act.

"Is my trading business income or capital gains?" It depends on frequency, intention, and how you financed the position. The CRA applies the same badges of trade it applies to securities. Most active traders are closer to business income than they assume, and token generation events, staking rewards, and protocol grants are almost always business income rather than capital.

"Do I owe tax if I never cashed out to fiat?" Usually yes. A crypto-to-crypto trade is a disposition. So is spending it.

"The CRA sent me a letter. How bad is this?" Early letters are usually questionnaires, not assessments. The CRA's crypto unit is well resourced and can trace fund flows, and it increasingly works from exchange KYC data rather than what you reported. The answer you give at the questionnaire stage shapes everything after it. Get advice before you reply.

"Can I fix past years?" Often, through the Voluntary Disclosures Program — but only before the CRA contacts you, and only if the disclosure is complete. A partial or materially inaccurate disclosure can be rejected and handed to the audit team, which is worse than not having filed one.

The law moves slower than the technology. Clients build products no statute anticipated, and the guidance — where it exists — is administrative rather than legislative. CRA positions shift. The crypto-asset reporting rules are being written now.

So the work is rarely a matter of looking up an answer. It is reasoning from first principles in tax and securities law, then documenting the position well enough to defend it on audit years later. Writing about these questions before clients bring them to me is part of how I stay ahead of that.

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