Denmark Income Tax Rates
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A number of deductions are applicable.
Denmark income tax rates. The personal income tax rate in denmark stands at 55 80 percent. Consequently the effective tax rate is lower in most cases. An individual who is fully tax resident in denmark will as a main rule be taxed according to the ordinary tax scheme by up to 52 06 55 89 including am tax which is also income tax for dtt purposes in 2020. Denmark residents income tax tables in 2020.
The state tax consists of a bottom bracket tax of 12 11 and a top bracket tax of 15 for income exceeding dkk 531 000 after deduction of the 8 am tax.
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