🇹🇷 Turkey Plans Floating Tax on Cryptocurrencies…

🚀 The ruling Justice and Development Party has proposed a 10% tax on income and profits derived from crypto assets.

The rate could be adjusted by the president within a range of 0% to 20%, creating a flexible tax framework.

➡️ Crypto platforms would be required to withhold the tax directly from users and transfer it to the treasury on a quarterly basis. In addition, exchanges would pay a 0.03% levy on each transaction.

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