On 17 September 2026, the Greenland Tax Authority announced the fishery duty rates (fiskeriafgiftssatser) applicable for the fourth quarter of 2026. These rates apply to both offshore (havgående) fisheries and coastal (kystnært) fisheries holding valid production licenses. The announcement includes a downloadable Excel file detailing the specific duty amounts per species and fishing zone, enabling operators to calculate their quarterly tax liabilities accurately. The release follows the standard quarterly schedule and reflects any adjustments in resource rent taxation or quota-based levies approved for the period.
Key Takeaways
- Quarterly Rate Publication: The authority maintains a transparent schedule, publishing rates before each quarter to allow fisheries to adjust pricing and provisioning.
- Differentiated Rates by Fishery Type: Separate rate tables for offshore and coastal operations reflect differing resource rent assessments and administrative frameworks.
- Immediate Applicability: Rates are effective from 1 October 2026; license holders must apply them to all landings during Q4 2026.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement