DT6951 - Double Taxation Relief Manual: Guidance by country: Faroes: Admissible taxes

The following Faroes taxes are admissible for credit in the UK under the convention:

• the national tax on income (landsskattur)
• the municipal tax on income (kommunuskattur)
• the tax on capital gains (kapitalvinningsskattur)
• the tax on royalty (skattur av nýtslugjaldi)
• the tax on revenue relating to hydrocarbon activities (skattur eftir kolvetnisskattalógini)

The following Faroes taxes are inadmissible for credit in the UK under the convention:

• Labour Market Tax (AMEG Contributions)
• Unemployment Insurance payments (ALS Fees)