Tax Map · Crypto tax rankings

Crypto tax in Greenland

Crypto in Greenland is taxed as ordinary income.

Treatment
taxed as ordinary income
Long-term
Still taxed
Headline rate
44%

In Greenland, private individuals’ crypto gains are treated as taxable income (following the Danish-style ‘speculation’ approach) and taxed at normal personal income tax rates up to about 44%, with no tax break for long-term holding.

“The Danish Tax Agency considers cryptocurrency trading as ‘speculation’, so all gains are taxed as personal income.[1] An individual who is fully tax resident in Greenland will, as a main rule, be taxed at up to 44%, depending on the municipality of taxation.[4]” Danish Tax Agency (SKAT), applied in Greenland via Danish tax regime

Reflects the treatment of an individual's crypto disposals. Estimate — confirm against the linked source. See methodology.