The Greek Public Revenue Authority (AADE) has published an outline of the form and content of the temporary solidarity contribution declaration on 18 September 2024. Greece introduced temporary solidarity contribution targeting companies in the energy and mining sectors, set at a rate of 33%, in line with European Council Regulation (EU) 2022/1854. This measure was outlined in Bill 5123/2024, enacted on 19 July 2024.
The declaration for the 2023 fiscal year must be submitted electronically by 30 September 2024. For fiscal years ending on dates other than 31 December 2023, the deadline is the last business day of the ninth month following the fiscal year-end.
Payment is due in one instalment by 28 February 2025, and for non-standard fiscal years by the fifth month after the filing deadline.
Contribution calculation
Contribution = [Taxable profits for 2023 – (120% × (Average of taxable profits or losses for 2018-2021))] × 33%
Eligible entities can deduct this contribution as an expense when calculating their taxable profits for the 2024 tax year.
