There are important provisions in the new bill submitted to the Turkish Grand National Assembly regarding the taxation of crypto transactions and earnings.

- Transaction tax will be applied to crypto sales and transfers.
Rate: 0.03% (0.03)
The tax will be paid by platforms, not users (exchanges).
- Gains from transactions on platforms will be subject to
10% withholding tax (source tax deduction).
This means:
- Most investors will not be required to file a separate tax declaration.
Tax will be deducted within the system at the time of the transaction.
- FIFO (First In, First Out) method will be used for profit calculation.
Commissions will be included in the cost, and losses can be offset within the same year.
- Transactions on platforms outside the scope of the Capital Markets Board (SPK) will be reported through an annual income tax return.
Personal transactions → capital gains
Commercial activities → considered commercial income.
The regulation will come into effect two months after publication.
According to the new regulation, individual crypto sale profits will be considered capital gains.
So, what does this mean?
👉 The profit made when you sell an asset for more than the purchase price = capital gain
Example:
You bought 1 BTC for 1,000,000 TRY
You sold it for 1,300,000 TRY
➡️ 300,000 TRY profit = taxable amount
📊 How is it taxed?
🔹 It is taxed according to the Income Tax schedule (progressive rate system)
In other words, there is no fixed tax rate.
Based on the 2026 logic:
As income increases, the tax rate also increases
Progressive brackets from approximately 15% to 40% are applied.
🔹 Reported through annual income tax return
(Usually in March).
🔹 Losses from similar transactions can be deducted from gains.
If a 10% withholding tax is applied on platforms subject to SPK, the system will work as follows:
Let’s say 👇
🔹 You bought crypto for 100,000 TRY
🔹 Later sold it for 150,000 TRY
➡️ Profit: 50,000 TRY
In the new system, the platform will deduct approximately 10% withholding tax during the transaction.
That is:
50,000 TRY profit → approximately 5,000 TRY tax deduction.
The tax will be paid within the system without any extra action from you.
For most individual investors, additional declaration may not be necessary (details will be clarified with the implementation communiqué)