Turkey to introduce transaction tax for stocks and cryptocurrencies

The suggested tax on stock share transactions will vary between 0.01% and 0.03%. The main goal of this proposal is to generate revenue from business transactions instead of taxing profits directly, following global standards seen in different stock exchanges worldwide. This strategy is intended to bolster market liquidity and improve the overall quality of stock market operations. Stay informed with the most recent financial and business updates by visiting COINTURK FINANCE.