Turkey's Revenue Administration has announced the publication of Presidential Decision No. 6297 on 27 October 2022, which extends the corporate income tax exemption for earnings accrued from Turkish lira (TRY) deposit and participation accounts converted from foreign currency. Previously provided for such accounts as recorded in the balance sheet on 30 June 2022, the exemption is now provided for such accounts as recorded in the balance sheet on 30 September 2022.