Minister of Treasury and Finance Mehmet Şimşek Addresses Speculations
In a recent development… Minister of Treasury and Finance Mehmet Şimşek has responded to speculations regarding the taxation of gains from stock market and cryptocurrencies, which have been frequently discussed recently. Şimşek stated, “A very limited transaction tax is under consideration.”
Minister Şimşek addressed queries about the taxation of gains from stock market and crypto assets during the International Investors Association’s “Global Investment Days” program.
Şimşek elaborated:
“It would not be appropriate for me to comment on the rate because it’s a matter for our Parliament’s discretion. Our primary focus is on fairness and efficiency in taxation. Within this framework, we aim to ensure no areas are left untaxed. Therefore, concerning crypto assets and the stock market… Let me clarify, we have not yet placed taxation on gains on our agenda. Instead, there may be a very limited transaction-based fee or taxation, but these decisions rest with our Grand National Assembly… At this stage, it would not be appropriate for me to provide further details.”
Source: Dunya.com / Prepared by Irem Yildiz