The Turkish Revenue Administration has announced the publication of the Tax Guide for Donations and Aid, which explains the tax implications of donations and aid (donations) under Turkish law. In general, qualifying donations may be deducted for individual income tax and corporate income tax purposes up to 5% of taxable income or corporate taxable profit, although a higher limit of 10% applies for individual income tax purposes for donations in priority development regions. Subject to certain conditions, several types of donations may be deducted in full without the 5%/10% cap, including: Donations to President-initiated campaigns, including coordinated natural disaster relief;...