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Municipalities Received 176 Million More in Taxes Last Year
Summary by Kringvarp Føroya
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The municipalities received ISK 176.4 million. kr. more in taxes last year than in 2024, according to preliminary figures from TAKS. The growth rate is seven percent. The country's growth is lower, at 4.35 percent. The pension tax is 11 per cent higher. However, according to the preliminary figures, the church tax is 2.56 percent lower than it was in 2024. The small municipalities most in percentage It is the small municipalities that have the l…
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