With effect from 1 January 2023, Turkey has reverted its standard corporate tax rate back to 20%. As provided by Law No. 7316 of 22 April 2021, the standard rate was temporarily increased to 25% for the 2021 tax period and 23% for the 2022 tax period. Other rates apply for certain taxpayers, including a 25% tax rate on financial sector companies, including banks, financial leasing companies, as…