Denmark Tax Ministry Announces Central Tax Rates, Deductions for 2025, 2026

The Danish Ministry of Taxation Oct. 30, 2024, announced central tax rates for 2025 and 2026. The announcement includes: 1) an 8 percent labor market contribution tax, a 22 percent corporate income tax rate, a 27 percent income tax for researchers and key employees under the gross tax regime, and stock income taxed at 27 percent for the low rate, and 42 percent for the high rate for the 2025 and 2026 tax years; 2) the 12.01 percent bottom individual income tax rate for 2025 and 2026, and a 15 percent top rate for 2025; 3) an intermediate tax rate ...