author_orbitax
Orbitax

Share This Article

Denmark Publishes Updated Tax Rate and Tax Amount Limits Tables for 2023

26 January 2023

|

Approved Changes

|

Denmark

The Danish Ministry of Taxation has published an updated tax rate table for 2018-2023. For 2023, the bottom and top state personal income tax rates are maintained at 12.09% and 15.0%, and the maximum tax rate ceiling is maintained at 52.07%, which includes state, municipal, and certain other taxes. The corporate tax rate is also maintained at 22%. Further to the rate table, an updated tax amount limits table for 2018-2023 has also been published. With respect to personal income tax, one of the main changes is an increase in the top tax bracket threshold from DKK 552,500 for 2022...