Parliament Act No. 7 Of 29 November 2013 On Amendment Of Rule Act On Tax On Shrimp (Modified Tax Calculation)

Original Language Title: Inatsisartutlov nr. 7 af 29. november 2013 om ændring af landstingslov om afgift på rejer (Ændret afgiftsberegning)

Read the untranslated law here: https://www.global-regulation.com/law/greenland/5961146/inatsisartutlov-nr.-7-af-29.-november-2013-om-ndring-af-landstingslov-om-afgift-p-rejer%2528ndret-afgiftsberegning%2529.html

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Parliament Act no. 7 of 29 November 2013 on amendment of Rule Act on tax on shrimp
(Modified tax calculation)

Modified repeals, hovedlov replaces information


Change Act No. 20 of 25 October 1990 on the tax on shrimp

§ 1.
In Rule Act no. 20 of 25 October 1990 on the charge of shrimp, as last amended by the Greenland Parliament Act no. 24 of 22 November 2011, is amended as follows:

First § 4 pcs. 2 is amended as follows:

"Paragraph. 2. The index is calculated from the last four quarters' average selling price. kilo taxable shrimp and registered. increases in accordance with § 2. 1, point 2. That is fished with Greenlandic registered ships, so that the index is set equal to 100.00 at an average selling price of 9.60 kr. Per. kilo. The index is adjusted for every penny, selling price exceeds 9,60 kr. "
Second § 4 pcs. 3, read:

"Paragraph. 3. The tax is set at 0.01 percent when the index represents 100.1042 increasing proportionally with 0.01 percent each time the index rises by 0.1042 percentage points. Does index 100.00 or less are taxed at no charge. "
Third § 4 pcs. 4 replaced by the following:

"Paragraph. 4. Does the index 256.2500, corresponding to an average retail price of 24,60 kr. Per. kilo, or more frozen tax to 15 percent. "

§ 2.
The Greenland Parliament Act comes into force on 1 January 2014.

Greenland, November 29, 2013

Ms Hammond