Turkey has decided not to pursue a package of tax changes that would include a tax on profits from trading in stocks and cryptocurrencies, Vice President Jevdet Yilmaz said in an interview with Bloomberg.

 

"There is no stock tax on our agenda," Yilmaz stated, adding that the focus in the near future will be on reducing tax incentives.

Earlier, in June 2024, the Turkish government had already postponed the introduction of a stock tax after the stock market fell amid news about the planned taxes.