Greenland Withholding Tax RateGreenland Withholding Tax RateGreenland Withholding Tax Rate

Greenland Withholding Tax Rate

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Key data points

Last release
Observation period
2023
Next release
Forecast
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Lowest

About Greenland Withholding Tax Rate

Category
Taxes
Frequency
Annual
Units
%
In Greenland, the withholding tax rate is a tax collected from companies. It applies to businesses when they make payments to other business entities or individuals, e.g., in the form of dividends, interest, and royalties. The benchmark we use refers to the standard withholding tax rate on interest for non-residents. Revenues from the withholding tax rate are an important source of income for the government of Greenland.