Avoid Interest on Residual Tax (Paragraph 85)

If you expect to owe residual tax, you can avoid an 8% interest surcharge by making a tax payment.

Note that the payment must be completed by May 1 for the previous income year. You should retain proof of the payment date and transfer receipt in case of any questions.

Payments should be made to the Tax Agency’s account at Grønlandsbanken:

• Reg. no. 6471
• Account no. 1002608

For a Section 85 payment, please include the following information in the payment message:

• Your CPR number
• The income year the payment pertains to, e.g., 2023
• § 85

The bank transfer message should be formatted as follows: 010101-0101 2023 § 85.