Turkey Shelves Plans to Tax Gains From Stocks and Crypto Market
Vice President Yilmaz doesn’t see new tax package this year Yilmaz says tax plans will focus on narrowing exemptions
Turkey is not considering an additional tax package for this year, Vice President Cevdet Yilmaz said, ruling out a levy on profits from stocks trading or cryptocurrencies.
“We don’t have a stocks tax on our agenda. It was discussed previously and fell from our agenda,” Yilmaz told Bloomberg on Monday. Officials’ focus in the coming period is on “narrowing” tax exemptions, he said.
