COINOTAG news, September 25, according to Bloomberg, Turkish Vice President Cevdet Yilmaz confirmed that Turkey will refrain from introducing additional tax policies this year, thus excluding any possibility of imposing taxes on stock trading or cryptocurrency profits. In an interview with Bloomberg, Yilmaz stated, “There is no stock tax on our agenda. This has been discussed before, but it is no longer on our agenda.” He emphasized that the current focus of officials is on “narrowing” tax exemptions in the impending period. Earlier this year, a proposal to tax stock market profits, a popular method among retail investors to combat inflation, faced significant public resistance. Responding to the opposition, Turkish Finance Minister Mehmet Simsek remarked in June that the initiative would undergo “re-evaluation” at a later stage.
Source: https://en.coinotag.com/breakingnews/turkey-rules-out-taxing-cryptocurrency-profits-and-stock-trading-in-2023/