🇬🇱 Greenland
Europe & Central Asia ·
Greenland has statutory controlled foreign company rules and interest limitation rules in place. The jurisdiction also requires statutory country-by-country reporting.Auto-generated summary of the verified data below; every fact traces to a source on this page.
Headline statutory rates
As stated in PwC Worldwide Tax Summaries’ territory overview (fetched 2026-08-20) — the wording is PwC’s; source.
| Tax | Headline rate as stated |
|---|---|
| Headline PIT rate | 10, plus municipal tax |
| Headline CIT rate | 25% (6% surcharge tax on underpaid/non-paid on account tax before year end) |
| Standard VAT rate | NA |
| Headline individual capital gains tax rate | NA |
| Headline corporate capital gains tax rate | 25 |
| WHT rates (%) (Dividends/Interest/Royalties) | Resident: 36 to 44 / 25 / 30; Non-resident: 36 to 44 / 25 / 30 |
| Headline net wealth/worth tax rate | NA |
| Headline inheritance tax rate | NA |
| Headline gift tax rate | Gifts are taxable as ordinary income. NA stands for Not Applicable (i.e. the territory does not have the indicated tax or requirement) NP stands for Not Provided (i.e. the information is not currently provided in this chart) |
Enforcement powers
Citizenship-based taxation No — power absent
Greenland taxes individuals by residence, not citizenship (PwC Worldwide Tax Summaries).
“An individual who is resident in Greenland is subject to full tax liability on one's worldwide income unless the individual is considered a resident of another country according to a double residence clause in a relevant double taxation treaty (DTT).”
Source: PwC Worldwide Tax Summaries — GreenlandProfessional / legal analysis · quote machine-verified 2026-08-25
Controlled foreign company (CFC) rules Yes — statutory power
Recorded in the OECD Corporate Tax Statistics anti-avoidance rules dataset (2026).
“OECD Corporate Tax Statistics: "Is there a controlled foreign company rule in place? · Not applicable" — Yes”
Source: OECD Corporate Tax StatisticsOECD / IMF survey data · derived from the administration’s own survey answer
Interest limitation rules Yes — statutory power
Recorded in the OECD Corporate Tax Statistics anti-avoidance rules dataset (2026).
“OECD Corporate Tax Statistics: "Is there an interest limitation rule in place? · Regime 1" — Yes”
Source: OECD Corporate Tax StatisticsOECD / IMF survey data · derived from the administration’s own survey answer
Country-by-country reporting Yes — statutory power
Recorded in the OECD Corporate Tax Statistics anti-avoidance rules dataset (0).
“OECD Corporate Tax Statistics: "Is there a country-by-country reporting law in place?" — Yes”
Source: OECD Corporate Tax StatisticsOECD / IMF survey data · derived from the administration’s own survey answer
Anti-avoidance regime detail (OECD Corporate Tax Statistics)
OECD-curated descriptions of this jurisdiction’s CFC, interest-limitation, CbCR and IP-regime rules.
CFC rules — 6 data points
| Is there a controlled foreign company rule in place? · Regime 1 | NA |
| Is there a controlled foreign company rule in place? · Not applicable | Yes |
| Controlled foreign company rule · Not applicable | A Greenlandic resident parent company is subject to taxation of CFC income, if the parent company directly or indirectly controls more than 50 % of shares or voting rights in a company in a jurisdiction with a significant lower effective tax rate than Greenland (<3/4) and that at least 10 % of subsidiarys assets stems from financial assets. |
| Significant controlled foreign company exemption and exclusion requirements · Not applicable | If the local tax rate is lower than 3/4 of the Greenlandic tax rate, it is considered as a low taxed foreign jurisdiction. The Greenlandic CIT is 25 % for 2024. |
| Substantial activity requirements · Not applicable | No |
| Year of introduction of the controlled foreign company rule · Not applicable | 2008 |
Interest limitation — 20 data points
| Do any loss carry-back or carry-forward provisions apply? · Regime 1 | No |
| Do any loss carry-back or carry-forward provisions apply? · Rule 1 | No |
| Is a de minimis threshold present? · Regime 1 | Yes |
| Is a de minimis threshold present? · Rule 1 | Yes |
| Financial accounting measure applied to rule · Regime 1 | Debt-to-equity |
| Financial accounting measure applied to rule · Rule 1 | Debt-to-equity |
| Is there an interest limitation rule in place? · Regime 1 | Yes |
| Is there an interest limitation rule in place? · Rule 1 | Yes |
| Can interest be recharacterised as a dividend? · Regime 1 | No |
| Can interest be recharacterised as a dividend? · Rule 1 | No |
| Is the rule is applicable to net or gross interest expensing? · Regime 1 | Net interest expense |
| Is the rule is applicable to net or gross interest expensing? · Rule 1 | Net interest expense |
| Is the rule applicable to related party debt? · Regime 1 | Yes |
| Is the rule applicable to related party debt? · Rule 1 | Yes |
| Type of interest limitation rule · Regime 1 | Thin Cap |
| Type of interest limitation rule · Rule 1 | Thin Cap |
| Financial ratio referenced · Regime 1 | 0.1673611111111111 |
| Financial ratio referenced · Rule 1 | 4:1 |
| Is the rule is applicable to third party debt? · Regime 1 | No |
| Is the rule is applicable to third party debt? · Rule 1 | No |
Country-by-country reporting — 4 data points
| Is there a country-by-country reporting law in place? | Yes |
| Deadline by which filings must be submitted | 12 months |
| Reports are required for MNEs with annual revenues above | DKK 5.6 million |
| Headquarter jurisidiction filing required from | 01-Jan-19 |