Turkey's Revenue Administration has announced the publication of Presidential Decree No. 3490 of 3 February 2021, which provides for the implementation of the interest deduction limitation rules provided for under Article 41 (Payments of non-deductible expenses) of the Income Tax Law (Law No. 193) and Article 11 (Non-deductible Expenses) of the Corporate Income Tax (Law No. 5520). The rules we…