Act on the taxation of halibut-fishing at sea (No. 11 of 2012). Country/Territory Greenland (Denmark) Document type Legislation Date 2012 Source FAO, FAOLEX Subject Fisheries Keyword Marine fisheries Marine fishes Tax/levy Geographical area Americas, Arctic, Atlantic Ocean Islands, European Union Countries, North America, North Atlantic Entry into force notes Entry into force on 1 January 2013. Abstract Companies and individuals who have quotas for deep-sea fishing for halibut shall be subject to taxation on their catch (DKK2.5 for each kg), which shall be paid on a quarterly-basis. National and non-national authorities which have not been granted allowable quota shall not be liable to taxation. Taxation shall be implemented at catch or at execution of its transfer to third party. Tax rate is adjusted commencing from the fourth quarter of 2013 (article 3, section 1). Exemption from taxation may apply to authorized to fish for exploratory purposes which are of significant biological or business nature. Full text Danish Website www.lovgivning.gl References - Legislation Amended by Act amending Act on the taxation of halibut-fishing at sea (No. 10 of 2014). Legislation | Greenland (Denmark) | 2014 Keyword: Marine fisheries, Marine fishes, Tax/levy Source: FAO, FAOLEX Act amending Act on the taxation of halibut-fishing at sea (No. 35 of 2015). Legislation | Greenland (Denmark) | 2015 Keyword: Marine fisheries, Marine fishes, Tax/levy Source: FAO, FAOLEX