Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
340,808 kr
Direct Federal Tax 12,11%
- 37,907 kr
Communal tax
- 69,870 kr
Church tax
- 2,610 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 111,523 kr
Net pay
* 229,285 kr
Marginal tax rate
32.8%
Average tax rate
32.7%
67.3%
Net pay
32.7%
Total tax
Total tax
Net pay
Summary
If you make 340,808 kr a year living in the region of Favrskov, Denmark, you will be taxed 111,523 kr. That means that your net pay will be 229,285 kr per year, or 19,107 kr per month. Your average tax rate is 32.7% and your marginal tax rate is 32.8%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of 100 kr in your salary will be taxed 32.81 kr, hence, your net pay will only increase by 67.19 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 672 kr of net incomes. A 5,000 kr bonus will generate an extra 3,360 kr of net incomes.
Europe
Country 
Net pay
Average tax
Rank
Russia
DKK 296503
13.0%
1
Switzerland
DKK 288904
15.2%
2
Hungary
DKK 277759
18.5%
3
Ukraine
DKK 274350
19.5%
4
United Kingdom
DKK 265123
22.2%
5
Czech Republic
DKK 261265
23.3%
6
Ireland
DKK 261087
23.4%
7
France
DKK 261064
23.4%
8
Norway
DKK 254398
25.4%
9
Spain
DKK 246162
27.8%
10
Luxembourg
DKK 239775
29.7%
11
Sweden
DKK 237341
30.4%
12
Austria
DKK 235489
30.9%
13
Denmark
DKK 229584
32.6%
14
Greece
DKK 223622
34.4%
15
Germany
DKK 215940
36.6%
16
Poland
DKK 215486
36.8%
17
Netherlands
DKK 214474
37.1%
18
Finland
DKK 204485
40.0%
19
Italy
DKK 201660
40.8%
20
Romania
DKK 199373
41.5%
21
Portugal
DKK 194516
42.9%
22
Belgium
DKK 165553
51.4%
23
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North America
Country 
Net pay
Average tax
Rank
USA
DKK 268827
21.1%
1
Canada
DKK 243224
28.6%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
DKK 305926
10.2%
1
Taiwan
DKK 294884
13.5%
2
Thailand
DKK 281476
17.4%
3
South Korea
DKK 274313
19.5%
4
Kazakhstan
DKK 274221
19.5%
5
Australia
DKK 267012
21.7%
6
New Zealand
DKK 261503
23.3%
7
Singapore
DKK 260611
23.5%
8
Indonesia
DKK 256250
24.8%
9
Pakistan
DKK 252859
25.8%
10
Japan
DKK 252139
26.0%
11
Malaysia
DKK 246850
27.6%
12
Philippines
DKK 242870
28.7%
13
Vietnam
DKK 233028
31.6%
14
China
DKK 223983
34.3%
15
India
DKK 209798
38.4%
16
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NOTE* Withholding is calculated based on the Favrskov tables of Denmark, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.