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
Association of Writers of the Faroe Islands Association of Writers of the Faroe Islands Association of Writers of the Faroe Islands (in Faroese called Rithøvundafelag Føroya) is an association for authors and translators who write in the Faroese language. These authors live primarily in the Faroe Islands, but some of them also live in other countries. Some Faroese writers write not only in Faroese but also in Danish, but most Faroese writers write primarily in Faroese. The Faroese language is only spoken by the Faroese people of the Faroe Islands, which currently have a population of 50.000 people. The Association of Writers of the Faroe Islands was