Şimşek: We envisage a limited transaction tax on crypto and stocks, not based on profits

Treasury and Finance Minister Mehmet Şimşek spoke to Bloomberg about tax studies on crypto and stocks. Treasury and Finance Minister Mehmet Şimşek said that they do not foresee taxation based on profits in crypto assets and stocks. Şimşek said, “A very limited transaction tax is on our agenda” regarding the tax. Şimşek, who made a statement to Bloomberg at YASED’s Global Investment Days program in Ankara, said, “Our goal is to ensure justice and efficiency in taxation and not to leave any area untaxed. In this context, the only thing we can say at this stage about the tax package we are working on is that we do not foresee a tax based on profits in crypto assets and stocks.”