4h ago
Turkey Drafts 10% Crypto Withholding and 0.03% Transaction Tax Under Capital Markets Law
On 3 March 2026, a draft bill submitted to Turkey's Grand National Assembly proposed a 10% withholding tax on realized crypto gains and a 0.03% levy on transaction value. The plan would make regulated platforms responsible for quarterly tax collection from both individual and corporate investors while granting the president authority to adjust the withholding rate between 0% and 20%. The proposal also introduces VAT exemptions for taxed crypto deliveries and aligns tax definitions with the existing Capital Markets Law.