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Turkey has shelved additional plans to tax stocks and cryptocurrencies

Turkish Vice President Cevdet Yilmaz told Bloomberg that Turkey has decided not to move forward with an additional tax package that would tax profits from stock trading and cryptocurrencies. "We don't have a share tax on our agenda," Mr. Yilmaz said. "We discussed it before but it wasn't on the agenda and officials will focus on narrowing it down for some time to come." In June this year, the Turkish government decided to delay the implementation of the stock tax plan due to the news of the tax increase, which caused the Turkish stock market to fall.