There is an additional tax on gold buying and selling transactions made through banks. A foreign exchange tax of 0.2% will be applied to these transactions. Additional tax has been implemented on gold transactions made through banks. The decision was published in the Official Gazette dated March 14, officially taking effect on March 17. Therefore, gold sales transactions made through current accounts without physical delivery will be considered as foreign exchange transactions. A foreign exchange transaction tax of 0.2% will be levied on these transactions. Banks have also sent information messages to their customers regarding the implementation. IT HAD PREVIOUSLY BEEN CANCELED The tax rate in foreign exchange transactions had started to be applied at 0.1% as of May 15, 2019. This rate was increased to 0.2% in May 2020. The Council of State had canceled the decision of the Revenue Administration on March 28, 2023.