Statistical bulletin - 01.11.1967, Qupperneq 16
60
1967
In thous. ofkr. Revenue 1964 1965 1966
Income and property tax 259.204 365.776 470.639
Excess profit tax 5 - 370
Import duties according to the customs tariff 1.421.878 1.608.296 1.937.651
Excise duties on domestically produced articles 52.260 54.801 60.842
Tonnage duty 1.311 1.353 1.302
Tax on motor vehicles 991 3 2
Judicial dues etc 41.971 43.929 54.721
Stamp tax 68.963 80.554 90.080
Lighthouse dues 3.506 3.781 3.851
Sales taxes: General sales tax1) 544.165 937.619 1.138.358
According to earlier acts 668 174 127
Contribution to communal (municipal) equalization fund (to be deducted) A7.598 _ _
Tax on insurance premiums 349 - -
Licence fees for imported person cars 119.491 123.257 189.003
Share of banks’ income from foreign business 31.175 21.764 68.830
Real estate and interest income 13.963 8.376 21.977
Government monopolies and enterprises 379.070 425.153 618.242
Miscellaneous revenue 15.077 15.389 21.792
Total 2.946.449 3.690.225 4.677.787
Expenditure Interest on funded debt 5.976 9.134 8.339
Presidency 2.811 2.863 3.358
Althing 25.968 32.260 33.290
Central administration 44.587 49.337 59.486
Foreign service 27.689 31.155 36.366
Contributions to international organs 7.259 8.310 13.533
Justice, police etc 153.181 183.317 224.665
Collection of duties and taxes 57.250 78.232 95.618
Joint administrative expenses 4.074 5.048 4.555
Public health 100.810 133.759 171.381
Roads and bridges 47.593 38.240 380
Communications 45.150 49.272 44.656
Harbours and lighthouses 52.469 55.128 63.325
Air communications 27.056 23.708 28.119
Meteoroiogical service 8.301 10.708 12.195
Seamen’s schools, public inspection of ships, State Tourist Office, etc 11.161 12.110 14.582
Church 30.880 35.629 39.373
Education 400.806 491.425 560.274
Science, literature, arts etc 27.939 35.533 43.525
Research 20.181 26.080 31.788
Promotion of agriculture 132.839 213.265 214.913
“ fisheries 59.871 151.483 161.596
“ manufacturing industries 7.809 11.643 13.550
Electrification 49.962 76.820 49.778
Social security 705.471 776.499 897.216
Pensions etc 63.381 76.872 95.938
Consumer subsidies \ Export subsidies on agricultural products \ 581.220 /511.427 \167.796 613.067 248.045
Expenditure according to special Iaws 199.605 99.743 94.330
Miscellaneous expenditure 18.119 16.683 21.952
Total 2.919.418 3.413.479 3.899.193
Surplus 27.031 276.746 778.594
1) 3% up to end of Jan. 1964, 5,5% effective Febr. 1964, 7,5% effective Jan. 1 1965.