Cryptocurrency investors started March with a decline, but this is not the only problem. While global regulation efforts continue, taxation steps are also being taken. There are important details for cryptocurrencies in the economic bill presented today by AK Party deputies.
Cryptocurrency Tax Bill
Purchasing, selling and transferring transactions made through cryptocurrency platforms will be subject to crypto asset transaction tax, according to the bill presented today. According to the proposal, a tax of 3 per ten thousand will be collected from transactions. In the implementation of the regulation, the provisions of the Capital Markets Law will apply and the taxpayer will be the crypto asset service providers.
In addition, regulations will be made to include the gains from the disposal of crypto assets within the scope of capital gains and to count the gains from the disposal of crypto assets included in the commercial enterprise as commercial income.
With the proposal, “Income Tax Law”Crypto An article titled “Taxation of Assets” will be added. Accordingly, a 10 percent tax deduction will be made every quarter on the profits obtained from transactions related to crypto assets.
