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
Faroe Islands national football team results Faroe Islands national football team results The Faroe Islands national football team represents the Faroe Islands in association football and is controlled by the Faroe Islands Football Association (FSF), the governing body of the sport in the country. It competes as a member of the Union of European Football Associations (UEFA), which encompasses the countries of Europe. Organised football has been played in the country since the 19th century; Tvøroyrar Bóltfelag was its first club, founded in 1892. Initially, clubs played friendlies to determine the winner of an unofficial championship, with matches being contested home and away, depending on the