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Greece Enacts 33% Solidarity Contribution on Profits of Energy, Mining Companies

|Approved Changes|Greece
Greece

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, 20…

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