The Danish Ministry of Taxation has released a revised tax rate schedule for 2018-2023 which shows that the lowest and highest personal income tax rates for 2023 will maintain at 12.09% and 15.0% respectively, and the maximum tax rate, including state, municipal, and other taxes, will be maintained at 52.07%. The corporate tax rate remains at 22%.
Related Posts
Denmark introduces bill for temporary green asset depreciation incentives
April 15, 2025
Denmark’s Ministry of Taxation has introduced Bill L 195 on 9 April 2025 to establish a temporary increase in the depreciation basis for certain new green assets, as part of the green investment window linked to the Agreement on Green Tax
Read More Denmark proposes tax reform to align with OECD guidelines and simplify transfer pricing rules
April 15, 2025
Denmark's Minister of Taxation introduced Bill L 194 to Parliament, aiming to align national legislation with OECD minimum tax standards and reduce administrative burdens related to transfer pricing (TP) documentation on 9 April 2025. The bill
Read More Denmark updates list of jurisdictions for automatic exchange of financial information
April 11, 2025
Denmark issued Executive Order No. 366 on 7 April 2025 , published in Official Gazette A on 9 April 2025. This order updates the list of jurisdictions that participate in the automatic exchange of financial account information, in line with
Read More Denmark: Business Authority delays OIOUBL 3 e-invoicing release to October 2025
April 02, 2025
The Danish Business Authority has announced that the release of the updated version of the Danish e-invoicing format, OIOUBL 3.0, will be delayed. The new release is now expected to be available in October 2025. The final release of the OIOUBL
Read More Denmark extends digital bookkeeping to more businesses starting March 2025
April 02, 2025
Denmark introduced executive orders BEK no. 297 and BEK no. 303 on 20 March 2025, extending the digital bookkeeping obligation to more businesses. The new rules apply to: Sole proprietorships with an annual turnover over DKK 300,000 for
Read More Denmark launches consultation on extending tax liability on interest from controlled debt
March 17, 2025
The Ministry of Taxation in Denmark has opened a consultation on a proposed bill to amend the rules regarding limited tax liability on interest from controlled debt on 12 March 2025. The bill targets interest payments made by foreign entities
Read More