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Crypto tax provisions dropped from omnibus bill after opposition pushback

Crypto tax provisions dropped from omnibus bill after opposition pushback

ANKARA

Crypto tax provisions dropped from omnibus bill after opposition pushback

Türkiye’s parliament has removed controversial provisions that would have introduced taxation on cryptocurrency transactions, following last-minute negotiations between the government and opposition parties.

 

The lawmakers convened under Deputy Speaker Celal Adan to debate the sweeping omnibus bill covering tax policy, defense spending and a range of economic regulations.

 

However, before formal discussions began, an agreement was reached to withdraw several key articles related to crypto assets after strong objections from opposition lawmakers.

 

The removed provisions would have imposed a 0.3 percent transaction tax on crypto asset sales and transfers carried out through service…

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