Greenland
Individual - Sample personal income tax calculation
Last reviewed - 31 May 2024
| Tax computation |
DKK |
DKK |
| Salary |
550,000 |
|
| Value of free lodging |
15,500 |
|
| Value of free food |
33,400 |
|
| Value of free travel |
16,700 |
|
| Value of free telephone |
6,000 |
|
| Labour market fee |
(5,594) |
|
| Personal income |
|
616,006 |
| |
|
|
| Interest income |
30,000 |
|
| Interest expenses |
(100,000) |
|
| Capital income |
|
(70,000) |
| |
|
|
| Personal deduction |
(48,000) |
|
| Standard deduction |
(10,000) |
|
| |
|
(58,000) |
| |
|
|
| Taxable income |
|
488,006 |
| |
|
|
| Local tax (26%) |
126,881 |
|
| Joint local tax |
29,280 |
|
| National tax |
48,801 |
|
| Total tax |
|
204,962 |
| |
|
|
| Labour market fee |
|
5,594 |
| |
|
|
| Total taxes and labour market fee |
|
210,556 |
