Act No. 46 on resource tax on Greenlandic fisheries.

This Act establishes a resource tax on fisheries. It requires companies and individuals with fishing quotas, licenses, or permits for offshore and coastal fisheries in Greenlandic, foreign, or international waters to pay a tax to the Treasury on their catches. The tax applies at the time of catch and is calculated either as a fixed amount per kilo or as a percentage of the sales price, depending on the species and market value. Different rules apply to shrimp, halibut, cod, crab, haddock, saithe, redfish, scallops, mackerel, herring, capelin, blue whiting, and grenadier, with higher rates for foreign vessels. The law sets quarterly tax periods, requires proper accounting and withholding by processing plants, and establishes penalties for non-compliance. It also allows exemptions for trial fisheries with significant biological or economic purposes.