Turkey cryptocurrency tax guide

What this guide covers

This guide covers Turkey's regulatory and tax position on cryptocurrency for the 2025 tax year, based on secondary reporting of a 2024 capital-markets law amendment and discussion of a proposed transaction tax. The Revenue Administration's own site (gib.gov.tr) wasn't directly fetched in this research pass. This is educational information, not individualized tax advice.

Tax treatment of cryptocurrency

This guide didn't locate a settled, enacted individual income or capital gains tax specifically on crypto trading gains in Turkey. Here's what does exist: Turkey's Law No. 7518, published in the Official Gazette (No. 32590) on 2 July 2024, amended the Capital Markets Law to bring crypto-asset service providers — exchange and custody activities, explicitly excluding NFTs — under Capital Markets Board (CMB) licensing for the first time. Existing providers had roughly one month from the law's effective date to declare their intent and apply for a license; as of 2025, 58 companies had applied and were operating under a transition regime while the CMB conducted fit-and-proper assessments. This followed an earlier 2021 Central Bank regulation barring crypto as a direct means of payment for goods and services. Neither measure creates a specific individual income or capital gains tax on crypto trading gains. Separately, Turkish officials have reportedly discussed a transaction tax on crypto trades, sometimes described as a withholding tax on transaction value rather than on gains, but this guide hasn't confirmed that any such tax has been enacted into law as of this review, and doesn't treat it as current.

Common taxable events

• This guide doesn't identify a confirmed, enacted individual income or capital gains tax event specific to crypto trading under current Turkish law.
• Crypto received as business income — for example, accepting payment for goods or services through an intermediary structure, or operating a crypto-related business — would likely fall under Turkey's general business or commercial income tax rules, though this guide doesn't confirm crypto-specific treatment within that general framework.

Potentially non-taxable events

• Buying, holding, and personally trading crypto, absent a confirmed specific tax measure. This guide reports the current absence of a settled crypto-specific individual tax as the central fact for Turkey, not a confirmed blanket exemption — Turkey's general tax code provisions could in principle apply in ways this guide hasn't independently verified.

Tax rates and thresholds

No confirmed, enacted crypto-specific tax rate exists as far as this guide can confirm. A proposed transaction tax has been discussed in Turkish policy circles, with reported figures that weren't consistent or confirmed as enacted across sources consulted in this pass — this guide doesn't state a specific percentage as current law.

Cost basis and calculation

This doesn't apply in the absence of a confirmed, enacted crypto-specific tax.

Reporting and compliance

• This guide doesn't identify a confirmed individual reporting obligation specific to crypto trading gains under current Turkish tax law.
• Licensed crypto-asset service providers face separate registration and operational compliance obligations under Law No. 7518 (CMB licensing, fit-and-proper assessments) — a business or platform-facing regulatory matter distinct from individual tax reporting, and outside this guide's scope.

Residency and cross-border issues

Not resolved in this research pass, given the unsettled state of individual crypto tax rules generally in Turkey.

Example

This guide omits a worked tax example, consistent with the directive's instruction to use a qualitative explanation rather than a fabricated calculation where the legal position doesn't yet support one. No confirmed, enacted rate exists to illustrate.

Official resources

• Revenue Administration (GİB): https://www.gib.gov.tr/

Limitations and review information

Tax year covered: 2025. Last verified: October 28, 2026 (citation-integrity pass; Law No. 7518's mechanics re-verified directly against two law-firm/legal-guide sources). Known limitation: gib.gov.tr wasn't directly fetched. This guide confirms Turkey's crypto-asset service provider licensing framework via secondary sources but hasn't confirmed any enacted individual income or capital gains tax specific to crypto trading, and doesn't treat the reported transaction-tax proposal as current law. This guide should be re-verified promptly if Turkey enacts a specific crypto tax measure. This is educational information only, not individualized tax advice — confirm current specifics directly with the Revenue Administration or a qualified Turkish tax professional.