Turkey published Law No. 7417 in the Official Gazette on 5 July 2022, which contains various measures. The main tax-related measures of the law generally entered into force on the date of publication. One of the key tax measures of the law concerns the corporate tax rate for financial sector companies, including banks, financial leasing companies, asset management firms, insurance companies, and others. Law No. 7394, published in April 2022, provided for a temporary increase in the corporate tax rate to 25% on financial sector companies for the 2022 tax period. Law No. 7417 makes the 25% rate for financial...