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Denmark Amends State Personal Income Tax Rate for 2021, 2022, and Subsequent Years

|Approved Changes|Denmark
Denmark

Denmark has published Law No. 532 of 27 March 2021 in the Official Gazette, which includes amendments to the Personal Income Tax Law. In particular, Law No. 532 amends the bottom State personal income tax bracket rate, which is set at 12.09% for 2021 and 12.10% for 2022 and subsequent years. The top tax rate is unchanged at 15.0% and for 2021 applies for income exceeding a threshold of DKK 544…

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