Greenlandic tax laws are regulated by specific legislation that governs income tax, property tax, corporate tax, and various deductions. The laws and regulations can be accessed through Greenland’s official repository for legal publications, Inatsisartut's online platform, found at https://nalunaarutit.gl. This site provides users access to current legislation, including tax laws, in both Greenlandic and Danish.

Structure of Greenlandic Tax Legislation

Greenland’s tax system is regulated under Inatsisartut (Greenland’s Parliament), where tax legislation is primarily divided into several key areas:

Income Tax

Income tax laws in Greenland apply to individuals and companies, covering resident and non-resident taxation. The income tax system is progressive, meaning tax rates increase with income. Detailed tax brackets and rates are specified within the legislation, which also describes deductions for personal expenses, dependents, and contributions to pension schemes.

Corporate Tax

 Corporate taxes apply to businesses operating within Greenland, and foreign companies are subject to taxes on income generated from activities within Greenlandic jurisdiction. The laws outline specific tax rates, deductible business expenses, and filing requirements.

Property Tax

Property tax law governs the taxation of land and buildings owned within Greenland. Rates are generally based on the assessed value of the property, and municipalities often play a role in setting these rates.

Tax Deductions and Credits

Taxpayers in Greenland may qualify for various deductions, including those for housing expenses, pension contributions, and certain work-related costs. There are also specific allowances for residents in remote areas, recognizing the higher living costs.

Compliance and Filing Requirements

Greenlandic tax law mandates annual tax filings, with specific deadlines set for individuals and companies. Taxpayers are required to file accurate information and maintain records to support their filings, with audits conducted as necessary by tax authorities.

Accessing Tax Laws and Updates

The main platform for accessing current Greenlandic tax laws and updates is through Inatsisartut’s online legislative repository, Nalunaarutit. This resource provides searchable access to all laws in force, including tax-related legislation. It is essential for taxpayers, legal professionals, and businesses operating in Greenland to consult this platform regularly to stay informed on any amendments or new tax rules.