AK Party Ankara MV Ömer İleri announced that after the intense reaction from investors, a proposal for changes will be made for some articles in the cryptocurrency tax regulation. While the article was being prepared, İyi Parti Mv. spoke about the omnibus bill. Erhan Usta made some statements on this subject.
Cryptocurrency Tax Law
We see that Turkish cryptocurrency investors react to requests for income declaration, especially for withdrawals from global stock exchanges (items such as airdrop earnings, trade and staking income). Throughout March, investors said taxes of up to 40% were extremely high compared to assets such as stocks or gold. On the other hand, İyi Party Samsun Deputy Erhan Usta did not mention this sensitivity in his speech. Moreover, he mentioned that taxation will be incomplete due to the fact that global information sharing will be activated after 2027.
“Taxation of income and value increases derived from crypto assets is on the agenda. A 10% final tax is being introduced for platforms in Türkiye. Declaration-based taxation is being introduced for transactions made abroad.
It is declared that the profit margin of corporate customers engaging in arbitrage will be reset to zero with a tax rate of 3 per ten thousand. This can be considered high. Corporate customers may want to go abroad because they do not want to be exposed to this. If we suddenly focus so much on the market in a newly developing market, how much did we foresee the possibility of the newly developing market fleeing abroad?
We also need to be able to obtain information from abroad in order to tax foreign transactions. As you know, OECD has an information exchange agreement. This agreement will enter into force at the beginning of 2027. Since we will not be able to obtain information from outside before this agreement comes into force, taxation of transactions made on these foreign platforms remains a bit up in the air. “Then, in terms of what needs to be done in every aspect, both the establishment of the system and the entry into force of this information exchange agreement, I think it may be considered to postpone this issue for a period of 3-5 months.”
İyi Parti Mv. Erhan Usta’s speech on cryptocurrency tax regulation. pic.twitter.com/b3OGoqbP63
— (@Media) March 25, 2026
