Minister Şimşek has made the final statement: Is there a tax coming on cryptocurrency and stock market gains?

Minister Şimşek has made the final statement: Is there a tax coming on cryptocurrency and stock market gains?

02.10.2024 14:21

The Minister of Treasury and Finance, Mehmet Şimşek, announced that taxes on stocks and crypto assets have been removed from the agenda. The economic package to be presented to the Parliament in October does not foresee crypto taxation. The Minister emphasized the importance of the Medium-Term Program and highlighted the savings of 814 billion Turkish lira achieved through budget discipline and savings measures.

The Minister of Treasury and Finance, Mehmet Şimşek, made important statements closely related to the economic agenda. Minister Şimşek announced that the taxes planned to be levied on the stock market and cryptocurrencies are no longer on the agenda.

Minister Şimşek Announced: Good News for Stock and Cryptocurrency Investors

The Minister of Treasury and Finance, Mehmet Şimşek, recently announced that they have made an important decision that concerns investors closely. According to Minister Şimşek's statements, the new taxes that have been on the agenda for a while regarding the stock market and cryptocurrencies have now been removed from the agenda.

Şimşek stated regarding the issue, "In the economic package we will present to the Parliament in October, we do not foresee any taxation related to cryptocurrencies. We believe that this decision will positively reflect on private sector investments."

Minister Mehmet Şimşek also emphasized the importance of the Medium-Term Program (MTP), stating, "It will be very beneficial for our private sector to use the MTP as a guide."

Experts emphasized that not imposing a new tax burden on the stock market and cryptocurrencies will provide stability in the markets. This decision was positively received by investors.

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