Home > Quick > Body

Turkey has shelved additional plans to tax stocks and cryptocurrencies

clock
2024-09-24 22:38:19
Turkish Vice President Cevdet Yilmaz told Bloomberg that Turkey has decided not to move forward with an additional tax package that would tax profits from stock trading and cryptocurrencies.
"We don't have a share tax on our agenda," Mr. Yilmaz said. "We discussed it before but it wasn't on the agenda and officials will focus on narrowing it down for some time to come."
In June this year, the Turkish government decided to delay the implementation of the stock tax plan due to the news of the tax increase, which caused the Turkish stock market to fall.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.