Cryptocurrency

Tax Goods Received from the Revenue Administration for Crypto Money Investors

Deputy Leader of Revenue Management İdris Şenyurt made a statement about taxation of crypto money. Leader Şenyurt explained the points to be taken into account in the taxation of cryptocurrencies and income from these investment instruments.

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According to the information provided by Lawyer Oğuz Cihan Kılıç, Şenyurt used the following terms:

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“There are 3 types of profits that can be taxed from crypto assets: platform interests, miners’ profits, and investors’ interests. Investors’ interests are currently not taxable, they have no place in the article. Legal regulation is required for taxation. First of all, the definition of crypto assets should be made. The general trend in the world is that it is an intangible asset. The recipe must be added to the Income Tax Law. Then taxation can be made. The principle of non-retroactivity of laws sufficiently will not be a matter of taxation on interests prior to the enactment of legislation. ”

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https://twitter. com/OguzEvrenKilic/status/1413104924687278083

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