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

|Approved Changes|Denmark
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…

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