๐Ÿ”ด Tax on cryptocurrencies in Turkey after the election:

First of all, the tax is now definitely expected, Mehmet ลžimลŸek stated in his interview that the tax will come after the elections.

He emphasizes that he prefers "regulation" rather than prevention.

โ€ข ๐—ฃ๐—ฒ๐—ธ๐—ถ ๐—ป๐—ฎ๐˜€ฤฑ๐—น ๐—ฏ๐—ถ๐—ฟ ๐˜ƒ๐—ฒ๐—ฟ๐—ด๐—ถ๐—น๐—ฒ๐—ป๐—ฑ๐—ถ๐—ฟ๐—บ๐—ฒ ๐—ผ๐—น๐˜‚๐—ฟ, ๐—ฏ๐˜‚๐—ป๐˜‚ ๐—ฑ๐—ถ๐—ดฬ†๐—ฒ๐—ฟ ๐˜‚ฬˆ๐—น๐—ธ๐—ฒ๐—น๐—ฒ๐—ฟ ๐—ถ๐—น๐—ฒ ๐—ธฤฑ๐˜†๐—ฎ๐˜€๐—น๐—ฎ๐˜†๐—ฎ๐—นฤฑ๐—บ

Because I think our country will pass laws using these as criteria.

1-) In South Korea, 20% income tax is collected from the earnings.

2-) United Kingdom, crypto gains over ยฃ6,000 are subject to capital gains tax. Capital gains tax of up to 20% applies.

3-) Germany: In Germany, cryptocurrencies are classified as private property and therefore subject to income tax.

Digital assets held for more than one year are not taxable: Individual long-term crypto assets are tax-free in Germany. In contrast, if a person sells their digital assets within a year, they will be liable to pay income tax of up to 45%, depending on the tax bracket.

Profits under 600 euros are also tax-free: Profits from sales of digital assets under 600 euros are not subject to tax in Germany.

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