Taxation in the Faroe Islands 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 a 14% deduction for fishermen. However, this is limited to 14% of DKK 470,000 corresponding to a maximum annual
Whaling in the Faroe Islands Sea Shepherd UK's covert crew on Operation Bloody Fjords 2018 in the Faroe Islands. Whaling in the Faroe Islands "For industrial whaling in the Faroes, see: History of whaling" Whaling in the Faroe Islands takes the form of beaching and slaughtering long-finned pilot whales, a type of dolphin drive hunting. It has been practiced since about the time of the first Norse settlements on these North Atlantic islands, and thus can be considered aboriginal whaling. It is mentioned in the Sheep Letter, a Faroese law from 1298, a supplement to the Norwegian Gulating law. It is regulated by the Faroese