Solidarity Contribution Law.

This Law outlines aims to establish a framework for solidarity contributions to the state budget. The primary objective is to generate additional financial resources to meet national security fiscal needs, particularly in the context of heightened national security risks. The Law operates within the broader legal framework of existing tax and financial regulations, aligning with terms defined in laws related to taxes, credit institutions, and deposit guarantee schemes. It specifies that solidarity contributions are mandatory payments made by national registered credit institutions and their branches. It details the calculation of the contribution based on net interest income and introduces a credit growth indicator that influences the contribution rate. The document outlines specific percentage reductions in the contribution amount based on the credit growth indicator relative to domestic GDP growth rates. Additionally, it establishes compliance requirements for the declaration and payment of contributions, emphasizing the need for adherence to the defined calculation methods and timelines. The document stipulates that the State Revenue Service will oversee compliance, including the assessment of contributions and any necessary adjustments. It also addresses procedural aspects, such as the timeline for payments following any adjustments made by the State Revenue Service, and emphasizes the importance of stakeholder involvement in the process of contribution calculation and payment.