Cryptoasset sales and transfers will be subject to 0.03% “Cryptoasset Transaction Tax,” according to bill submitted to parliament by ruling AK Party.
- Proceeds from sale of cryptoassets will be treated as capital gain while such proceeds by commercial entities will be treated as business income
- President to have authority to increase or reduce the 1% government contribution to unemployment insurance
- Debt incurred by state-run energy company Botas to be deducted from its receivables from Turkish Treasury, thus will be erased
- Import or delivery of precious stones to be subject to 20% Special Consumption Tax
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