Taxation in the Faroe Islands to be no longer than 12 months. However, the first accounting year can vary from 6 to 18 months. Taxation in the Faroe Islands Taxation in the Faroe Islands has differed from the taxes in Denmark since home rule was granted in 1948. This gives the Faroe Islands control over their own taxes. All citizens of the Faroe Islands are subject to personal taxation. The government tax rate on incomes up to DKK 500,000 is 20%. Incomes higher than this pay a fixed amount, always resulting in a higher percentage. There are multiple tax deductions in the Faroes. This includes
Cinema of the Faroe Islands Johansen, Ása Lützhöft Dunn. Cast: Hallur Hjalgrímsson, Hjálmar Dam, Nikolaj Falk, Turpin N. Djuurhus, Hanna Flóvinsdóttir. Høgni Joensen, Benny Samuelsen. Mortan A. Carlsen, Anna Maria Petersen, Hans Joensen, Fraser Eysturoy and more. Film trailer 1: on Youtube. Film trailer 2: on Youtube Cinema of the Faroe Islands The cinema of the Faroe Islands does not have a long history. The Faroe Islands has a small population, and due to the high initial cost of movie making, the islands' cinema history is modest. (On the other hand, writing and book publishing is very popular). The first director of the Faroe Islands