Turkey to Introduce 0.03% Transaction Tax on Cryptocurrency Trading: https://yakihonne.s3.ap-east-1.amazonaws.com/953281df0361f1a7ff836841c2b978b8d606b035e7d07b8d148c72e50b4d78a7/files/1718454711567-YAKIHONNES3.jpg 
Turkey is set to implement a major fiscal overhaul that includes a 0.03% transaction tax on cryptocurrency trading.

The new taxation addresses the country’s budget deficit, exacerbated by the 2023 earthquakes. The proposed tax reforms are expected to generate substantial revenue and mark the largest change to Turkey’s tax system in decades. 

 Turkey is set to implement a major fiscal overhaul that includes a 0.03% transaction tax on cryptocurrency trading. The new taxation is aimed at addressing the country's budget deficit, which has been exacerbated by the 2023 earthquakes. The proposed tax reforms are expected to generate substantial revenue and mark the largest change to Turkey's tax system in decades 

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