Reporting framework, corporate tax and individual tax treatment for digital assets in Türkiye, from CryptaCount's jurisdiction database covering 72 countries.
Türkiye: tax & reporting data
General Information
Default Framework
IFRS
Permitted Frameworks
IFRS, TFRS
IFRS Mandatory For
Listed entities use TFRS (IFRS-converged). IAS 29 applies (hyperinflationary).
Tax Year
Calendar Year (end M12)
Functional Currency
TRY
FX Source (Reporting)
TCMB
FX Source (Tax)
GIB
Transaction Rate
Daily Spot
Hyperinflationary
✓ Yes
Reporting — TFRS
Framework Available
✓ Yes
Crypto Classification
Intangible Asset, Inventory
Classification Notes
IAS 38 intangible (most common); IAS 2 inventory if held for sale in ordinary course. No dedicated IFRS crypto standard.
Measurement Basis
Historical Cost
Fair Value (Revaluation)
Permitted Cost Methods
FIFO, WAVG, Specific ID
Prohibited Cost Methods
LIFO
Impairment Required
✓ Yes
Impairment Type
IAS 36
Reversal Allowed
✓ Yes
NRV Write-down
✗ Not required
Fair Value Hierarchy
Level 1
Recent Standards
No dedicated IFRS crypto standard. IFRIC agenda decision (2019) confirmed IAS 38/IAS 2. IASB crypto project in pipeline, no ED yet. IAS 29 hyperinflationary accounting applies to Turkey. TFRS = IFRS converged.
Corporate Tax — Rate & Classification
Corporate Tax Rate
25%
Crypto Classification
Unclear
Notes
No specific crypto tax legislation in Turkey as of 2026. General income tax principles may apply.
Corporate Tax — Cost Basis
Measurement Basis
Historical Cost
Default Cost Method
FIFO
Permitted Methods
FIFO, WAVG
Taxpayer Can Elect
✓ Yes
Country Override
Standard
Override Notes
Crypto tax law repeatedly proposed but not enacted
LIFO Conformity Req.
✗ No
Differs from Reporting
✗ No
Corporate Tax — Anti-Avoidance
Wash Sale
✗ Off
Window (before/after)
—
Same-Day Rule
✗ No
Loss Restriction
Unrestricted
Loss Carryforward
Unlimited
Corporate Tax — Holding Period
Holding Period Benefit
✗ No
Period
—
Benefit Type
—
Corporate Tax — Crypto Event Treatment
Staking Rewards
FMV at Receipt
Gas Fee Treatment
Add to Cost
Gas = Disposal of Native
✓ Yes
Crypto↔Crypto Taxable
✓ Yes
DeFi Wrapping
Unclear
Fork Cost Basis
Zero
Individual Tax — Regime
Tax Regime
Unclear/Banned
Regime Notes
No specific crypto tax law. Crypto trading banned for payments (TCMB 2021). Tax treatment of gains unclear. Proposed legislation repeatedly stalled.
Tax Rate
0%
Rate Notes
Unclear. No specific regime enacted.
Individual Tax — Cost Basis
Measurement Basis
UNCLEAR
Cost Method
FIFO
Method Electable
✓ Yes
Permitted Methods
FIFO, WAVG
Country Override
Standard
Individual Tax — Exemptions
CGT Exempt
✗ No
Exempt Conditions
—
Holding Period
—
HP Benefit
—
Annual Exemption
—
Threshold Exemption
—
Individual Tax — Anti-Avoidance
Wash Sale
✗ Off
Same-Day Rule
✗ No
Superficial Loss
✗ No
Loss Restriction
Unrestricted
Loss Carryforward
Unlimited
B2C vs B2B Differences
Differs from B2B
✗ No
Notes
Crypto tax legislation still pending as of 2026.
Compare Türkiye with other jurisdictions
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