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Crypto Investors Rejoice: Turkey Declares No Taxes On Digital Gains

Crypto Investors Rejoice: Turkey Declares No Taxes On Digital Gains


Bitcoinist
2024-06-06 02:00:51

In a notable announcement, Turkey’s Treasury and Finance Minister Mehmet Simsek has clarified that the government does not plan to impose taxes on profits derived from “stocks and cryptocurrencies.” This decision reflects a broader strategy to “foster” investment and growth in financial markets in the region without the burden of direct taxation on gains. Tax


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