A 33% tax on profits that exceed by 20% the average of the period 2018-2021 is expected to be imposed on refining companies.
The money that will be raised is estimated at 300 million euros, of which 243 million will be allocated, mainly, to finance the pensioners’ emergency financial assistance in December.
According to the decision of Deputy Minister of National Economy and Finance Christos Dimas, the Temporary Solidarity Contribution declaration for the tax year 2023 should be submitted by September 30, while its payment should be made once by February 28, 2025. It concerns companies with a turnover from:
a) coal mining,
b) lignite mining,
c) crude oil extraction,
d) natural gas pumping,
e) production of coking products,
f) production of petroleum products.
Which companies will be taxed – Who are the beneficiaries
Companies whose gross revenues for the tax year 2023 derive at least 75% from the above economic activities are obliged to pay the Temporary Solidarity Contribution.
The beneficiaries of December’s extraordinary economic aid amount to 1,899,000 citizens who will share the amount of around 243 million euros. In particular:
-670,000 pensioners
-767,000 child benefit beneficiaries who will receive an additional payment
-37,000 beneficiaries of extra-institutional allowance and other disability allowances of the eEFKA who will receive 200 euros
-185,000 OPEKA disability allowance beneficiaries who will also receive 200 euros
-approximately 35,000 uninsured senior citizens of OPEKA who will collect 200 euros
-over 200,000 beneficiaries of the Guaranteed Minimum Income will receive it increased by 50%.
