NewsCase StudiesEvents

Taxation in Denmark

Denmark

Taxation in Denmark

Denmark Business Experts

Recent forum posts

 

  1. Types of accidents and sudden illness at work

    Hello everyone, Anyone here who is related in education? I got an assignment and i am worried about to complete my task. Does anyone know about "types of accidents and sudden illness at work"

    Total Posts: 1 Last post by HarryJkevin91

  2. Academic Writing Services

    Quality Dissertation is well known for delivering high quality assignment writing help, dissertation writing help, coursework writing help and essay writing help to UK university and college students. Our academic assistance service comes at a very affordable price. With a team of writers, specialised in different subject areas, we are able to assist all students for different field of studies.

    Total Posts: 9 Last post by jasminandeson31

Taxation in Denmark

Denmark has put much legislation in with regards to tax in order to avoid double taxation.

Personal Tax

DKK 0 - 42,900 0%

DKK 42,900 - 389,900 3.76%

DKK 389,900 and over 15%

Social Security

Social security contributions are levied on gross salary income including some fringe benefits and contribution to an employer pension plan. Contributions on salary are withheld by the employer and are tax deductable for the employee.

Corporate Tax

Corporate tax is levied at a flat rate of 25%. There are provisions in place regarding tax depreciation/amortisation and cross border tax consolidation. Corporate tax returns must be filed annually and are due no later than six months after the end of the financial year. The financial year ends between January 1 and March 31.

VAT

VAT is known as MOMS in Denmark. The VAT rate is 25%.

Indirect Tax

Indirect taxes are imposed on certain energy, including mineral oil and electricity.

Click here to Ask an Expert about Taxation in Denmark

Organisations that can assist with Taxation

  • > Azets

    Azets is an international accounting, payroll, advisory and business services group that delivers a personal experience both digitally and at your door.

    More Details Visit Website

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.