Turkey's Revenue Administration has announced the publication of Presidential Decision No. 9487, which extends and adjusts the reduced withholding tax rates applicable to income from deposit accounts denominated in Turkish lira (TRY). Previously scheduled to expire on 31 January 2025, the reduced rates now apply until 30 April 2025, but with certain adjustments. This includes the following, among others: TRY deposit accounts with a maturity of up to 6 months and current call accounts - 15.0% (up from 10.0%) TRY deposit accounts with a maturity of over 6 months up to 1 year - 12.0% (up from 7.5%) TRY deposit...