Turkey's Revenue Administration has announced the publication of Presidential Decision No. 5872 on 27 July 2022, which extends the corporate income tax exemption for earnings accrued form Turkish lira (TRY) deposit and participation accounts converted from foreign currency. Previously provided for such accounts as recorded in the balance sheet on 31 March 2022, the exemption is now provided for such accounts as recorded in the balance sheet on 30 June 2022.