Working Paper Series, Department of Economics, Copenhagen Business School
Carsten Vesterø Jensen and Søren Bo Nielsen
Tax policy at the outskirts of EU: Greenland
Abstract: This paper provides an assessment of Greenland's tax
system and contemplates changes that may be undertaken in the future to
prepare for greater economic self-reliance and for the country's
participation in the wider world economy. At the outskirts of Europe,
Greenland is an autonomous part of the Danish kingdom, though currently not
a member of EU. However, its cooperation with European countries and its
dependency on international trade renders it necessary for the tax system
in Greenland to be attuned to developments in the rest of the world.
Drawing on a thorough international benchmarking analysis of Greenland's
tax system, the paper's special focus will be on the corporate tax system
and its interplay with personal taxation, as well on as the system of
import duties. In particular, we carry out computations of effective
marginal and average corporate tax rates, as well as average effective tax
burdens on consumption, labour income and capital income, and compare these
to similar measures for EU countries. In addition, we outline how
Greenland's economic policy in other areas interferes with tax policy.
Especially fishery regulation, management of government-owned companies,
and housing policy have major implications for the tax system.
Keywords: international benchmarking; effective tax rates; Greenland; (follow links to similar papers)
JEL-Codes: H26; I21; J64; (follow links to similar papers)
36 pages, November 12, 2003
Before downloading any of the electronic versions below
you should read our statement on
for viewing Postscript files and the
Acrobat Reader for viewing and printing pdf files.
Full text versions of the paper:
Questions (including download problems) about the papers in this series should be directed to Lars Nondal ()
Report other problems with accessing this service to Sune Karlsson ()
or Helena Lundin ().
Design by Joachim Ekebom