Cevdet Yilmaz, Turkey’s Vice President, announced that the country has abandoned its plan to impose additional taxes on profits from stock and cryptocurrency trading.
Cevdet Yilmaz, Turkey’s Vice President, announced that the country has abandoned its plan to impose additional taxes on profits from stock and cryptocurrency trading. Yilmaz clarified: “The topic of stock taxation is no longer part of our agenda, and it has been removed from discussions.” This decision comes after a similar proposal was delayed in June due to a slowdown in Turkey’s stock market activity. Authorities will now focus on implementing other new tax measures.
Source: coindesk.com
