Europe > Denmark > Taxation

View full size

Components of taxation > Corporate income tax	u5.8%		[24th of 28]
Components of taxation > Goods and service tax	33.1%		[12th of 30]
Components of taxation > Payroll and workforce taxes	0.4%		[7th of 7]
Components of taxation > Personal income tax	53.2%		[1st of 30]
Contribution by middle 40%	37.2%		[1st of 14]
Contribution by poorest 30%	14.1%		[1st of 14]
Contribution by richest 30%	48.7%		[14th of 14]
Highest marginal tax rate, corporate rate > %	28 %		[52nd of 108]
Highest marginal tax rate, individual > on income exceeding, US$	53,116.67 $		[25th of 93]
Highest marginal tax rate, individual rate > %	59 %		[1st of 102]
Net taxes on products > constant LCU	208910000000
Tax revenue > % of GDP	30.61 %		[5th of 98]
Tax revenue > current LCU	449193300000
Taxes on income, profits and capital gains > % of revenue	37.68 %		[10th of 98]
Total tax rate > % of profit	31.5 %		[148th of 171]
Total tax wedge > Single worker	44.2%		[9th of 29]
Total tax wedge > Single-income family	31.3%		[12th of 29]
Total taxation as % of GDP	48.8 % of GDP		[2nd of 18]
Value Added Tax > Professional services	25		[3rd of 25]
Value Added Tax > Standard rate	25%		[2nd of 25]

Interesting facts on Danish Taxation

• In Denmark, more than 50% of the tax collected is personal income tax. In the Netherlands, personal income tax makes up less than 15%.
• Tax makes up half of the of Gross Domestic Product in Denmark and Sweden. In Japan and the United States, it makes up less than 30%.

Related links:

• Stay updated with current stat feeds! Subscribe to the Taxation RSS / Atom feeds
•  Subscribe to our popular Taxation factoids RSS / Atom feeds
• Save this page on  del.icio.us / furl / your bookmarks

More facts and figures on Denmark