Taxation study of stock market and crypto earnings from the Treasury

The Ministry of Treasury and Finance is reportedly continuing a study on the taxation of financial activities, including stock market investments and those obtained from crypto assets. According to information provided to Bloomberg by officials with knowledge of the matter, the Ministry of Treasury and Finance is continuing a study on the taxation of financial activities, including those obtained from stock market investments and crypto assets. Officials reported that Treasury and Finance Minister Mehmet Şimşek brought up this issue at the AK Party’s Consultation and Evaluation Meeting held in Kızılcahamam over the weekend and emphasized that all financial income should be taxed properly during the meeting. Profits from stock market transactions are currently not taxed in Turkey. A ministry official confirmed to Bloomberg that work on the issue is ongoing but said that no final decision has been made. The Ministry of Treasury and Finance, on the other hand, did not comment on the matter. The ministry official said that the new tax regulations will be discussed after the Turkish Grand National Assembly discusses the law on crypto assets this week.