Taxation in Denmark
Tax burden in Denmark is quite high, compared with other countries. Only Sweden had a greater tax burden than Denmark of late years. Danish tax system is one of most complicated in EU. The receipt of tax comes from many different tax sources including: income tax, property tax, corporate tax and various duties. About 52 % of the total tax revenue comes from income tax. This includes tax on wage income, interest and dividends as well as property value tax and the labor market contribution.
Total receipts of tax and insurance in Denmark:
- 52 % - income tax
- 22 % - VAT
- 11 % - duties
- 8 % - corporate tax
- 7 % - other
Bc. Petr Gola
