Vice President Cevdet YilmazIn an interview with Bloomberg, he announced that tax regulations will be on the agenda in the new legislative year. Yilmaz stated that issues such as stock market transaction tax and cryptocurrency tax are not currently on the government’s agenda. He also stated that tax He stated that major changes in rates should not be expected.
Cryptocurrency and Stock Exchange Tax Not on the Agenda
Yilmaz, stock exchange tax And cryptocurrency tax He said that the previous discussions on the subject had fallen off the agenda and that these issues would not be taken up in the new legislative year.
Stating that the government’s primary goal is to narrow down existing exceptions and exemptions rather than making changes to general tax rates, Yılmaz said that there are no plans for a regulation similar to the first package in the new legislative period that will start on October 1.
Inflation Accounting and PPP Projects
Banks and financial institutions plan to switch to 2025 inflation accountingTouching on the discussions on the postponement of the 2026 Olympic Games, Yilmaz stated that this issue will gradually disappear from Turkey’s agenda and that there will probably be no such discussion in 2026. Small and Medium Enterprises Reminding that the implementation for (SMEs) was postponed, Yilmaz announced that the decision regarding financial institutions will be clarified at the end of the year.
Public Private Partnership Touching on the burden on the budget of carrying out (KÖİ) projects in foreign currency, Yılmaz said that these projects should be evaluated not only financially but also economically. Yılmaz stated that there is currently no work to convert the contracts into TL.
Inflation and Interest Rate Targets
Medium Term ProgramResponding to the question of how the 2025 (OVP) targets of 4 percent growth and 17.5 percent inflation will be achieved together, Yilmaz stated that although there will be difficulties in the short term, the decline in inflation will support growth in the long term. He stated that predictability will increase with the decline in inflation and this will support growth. Yilmaz emphasized that a growth focused on investment and production will be far from inflationary effects.
Yilmaz said that Turkey needs to meet its budget deficit targets savings programsHe said that the expectation that interest rates will fall globally next year and that important markets such as the European Union will perform positively will have a positive impact on Turkey’s growth.
Financial Stability and SWAP Channels
Yilmaz, who also made evaluations on issues such as swap channels and the ban on short selling on the stock exchange, said that these processes were evaluated by taking financial stability into account and that the necessary steps would be taken if necessary. swap Stating that negotiations are continuing, Yilmaz said that steps on this issue will be taken without endangering Turkey’s financial stability.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
