It was predicted that 4.2 billion lira tax revenue would be generated annually with the crypto asset transaction tax.
According to the impact analysis of the Bill on Amendments to Certain Laws, the commission phase of which will begin in the Turkish Grand National Assembly today, the three-tenths of a tax on buying and selling transactions is expected to generate revenue of 4.2 billion lira.
According to the impact analysis, the income that will be generated by the 10 percent tax withholding to be taken from the profit realized in the purchase-sale transaction cannot be calculated yet because there is not enough data.
With the bill, it is envisaged that 1.9 billion liras of annual income will be generated from pearls, diamonds, precious and semi-precious stones, which will be included in the scope of 20 percent special consumption tax.
