Greece has enacted legislation introducing a mandatory temporary solidarity contribution at a rate of 33% on companies primarily engaged in energy and mining sectors, as established in European Council Regulation (EU) 2022/1854.
The contribution is calculated as follows:
Contribution =[Taxable profits for the tax year 2023 − (120% × (1/4 × taxable profits or losses for the tax years 2018, 2019, 2020, 2021)))] × 33%
Entities may deduct the contribution as an expense when determining taxabl…