Crypto tax in Turkey
How is crypto taxed in Turkey?
In Turkey, cryptocurrency is taxed as income with a headline rate of 40%. There is no long-term exemption.
Common questions
- What is the tax rate on crypto in Turkey?
- Cryptocurrency in Turkey is taxed as income at a headline rate of 40%.
- Are there exemptions for long-term crypto holdings in Turkey?
- No, Turkey does not offer a long-term exemption for cryptocurrency holdings.
Crypto in Turkey is taxed as ordinary income.
Treatment
taxed as ordinary income
Long-term
Still taxed
Headline rate
40%
For a relocating individual, Turkey currently treats crypto disposal gains as taxable income rather than long-term capital gains, with no official holding-period exemption and progressive rates that can reach 40%.
“"İnternet üzerinden yapılan alım-satım işlemleri ile elde edilen kazançlar, diğer kazanç ve iratlar kapsamında gelir vergisine tabi olup, beyan edilmesi gerekmektedir."” — Revenue Administration (Gelir İdaresi Başkanlığı)
Reflects the treatment of an individual's crypto disposals. Estimate — confirm against the linked source. See methodology.