Turkey Removes Cryptocurrency Tax Provision Initially Proposed at 0.3% Transaction Tax

AirdropBlackHole · 2026-03-29T04:01:21+00:00

The Turkish Parliament recently eliminated tax provisions for cryptocurrency assets, which included a proposed transaction tax and withholding tax, amid opposition. Officials may reintroduce these measures later as standalone legislation.

AirdropBlackHole

2026-03-29 04:01:21

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On March 29, the Turkish Parliament removed the tax provisions related to cryptocurrency assets during the review of a comprehensive bill. The provisions had initially proposed a 0.3% transaction tax on cryptocurrency trades conducted through service providers and a withholding tax on cryptocurrency gains. This adjustment was made in response to strong opposition from the opposition parties. Officials stated that the related content may be reintroduced in the future as separate legislation.

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