The rising use and adoption of Bitcoin (BTC) and cryptocurrencies has prompted governments to take motion.
Whereas some international locations select to ban cryptocurrencies, others choose to control them legally.
At this level, whereas Türkiye is making an attempt to control cryptocurrencies, taxation efforts proceed.
In accordance with Habertürk’s information, the Income Administration of the Ministry of Treasury and Finance is making ready to take vital steps to find out taxation insurance policies relating to cryptocurrencies.
Habertürk claimed in its information that there have been two separate taxes for cryptocurrency transactions.
The information concerning the Income Administration’s tax regulation work on cryptocurrencies was reported by Ondokuzmayıs College College Member Prof. Dr. Based mostly on Murat Batı’s
In accordance with the knowledge obtained within the information, it was additionally acknowledged that the taxes to be imposed on cryptocurrency transactions can be in an quantity that won’t upset the crypto market.
*This isn’t funding recommendation.