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Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. [2]
List of countries by tax rates; Tax revenue as % of GDP; Map of the world showing national-level sales tax / VAT rates as of October 2019. ... Denmark [86] 22-25% ...
The all-record highest Danish tax level was 49.8% of GDP, [86] reached in 2014 because of high extraordinary one-time tax revenues caused by a reorganization of the Danish-funded pension system. The Danish tax-to-GDP-ratio of 42% was the seventh-highest among all OECD countries in 2022, after France, Norway, Austria, Finland, Italy and Belgium ...
Denmark’s GDP per capita, at €52,000, is now the highest in Europe behind the financial and fiscal hubs of Luxembourg and Ireland and ahead of neighbors Germany and Sweden. ... Denmark’s top ...
The Danish corporate tax rate from 2016 onward is 22% of taxable corporate income, almost exactly equal to the average corporate income tax rate in all OECD countries in 2018. [20] Personal income from shares (dividends as well as realized capital gains) are taxed at 27% below ca. DKK 50,000 and at 42% above the threshold. [21]
Denmark will tax livestock farmers for the greenhouse gases emitted by their cows, sheep and pigs from 2030, the first country in the world to do so as it targets a major source of methane ...
Denmark: 3.2 Jun 2023 quarterly Estonia: −1.7 Jun 2023 quarterly European Union: −3.3 2022 yearly Finland: −1.5 Jun 2023 quarterly France: −5.0 Jun 2023 quarterly Georgia: −2.0 Jun 2023 quarterly Germany: −3.4 Jun 2023 quarterly Greece: −1.3 Dec 2018 monthly Hungary: −8.2 Jun 2023 quarterly Iceland: −1.5 Jun 2023 quarterly
Denmark’s government on Thursday proposed imposing an average tax of 100 Danish krone ($14.35) on air travel to help finance a green transition of the airline industry that will enable all ...