Cryptocurrency Tax Statement from Mehmet Şimşek!

Minister of Treasury and Finance Mehmet Şimşek participated in Bloomberg HT-Habertürk live broadcast. Touching on many issues from the economy to new taxations, Şimşek also touched on the taxation of cryptocurrencies.

According to Habertürk’s report, Minister Şimşek stated that there are two basic principles in taxation and these two basic principles are “To ensure justice in taxation and to ensure efficiency in practice.” said that.

Şimşek said the following on the subject:

“Our preference is to collect taxes from areas that are not taxed, not to impose a new tax burden. The fuss being made is not true.

In the next package, we are probably trying to tax stock market gains as well.

We will include crypto assets within the scope of tax.

Maybe not in this package, but in the next package, we will include cryptocurrencies within the scope of tax.

“There will be no area left untaxed.”

*This is not investment advice.

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