Denmark

(Rates 01/01/2000)

• Income tax: Different tax rates depending on kind of income, average rate in 2000: 39 %

        Additional tax on income above DKR 164,300: 6 %

        Additional tax on income above DKR 267,600: 

        another 15 %

• Corporate income tax: 32 %

• Trade tax: none 

• Value added tax:  25 %

Social Security contributions:

For employee:

9 % of gross salary, full time employees additional DKR 74.55/month pension insurance

Annual ceiling amount: none

For employer:

0.33 % of gross salary, for each full time employee additional DKR 149.10/month pension insurance

Annual ceiling amount: none