Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
173,500 kr
Direct Federal Tax 12,11%
- 19,298 kr
Communal tax
- 35,724 kr
Church tax
- 1,495 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 57,653 kr
Net pay
* 115,847 kr
Marginal tax rate
33.0%
Average tax rate
33.2%
66.8%
Net pay
33.2%
Total tax
Total tax
Net pay
Summary
If you make 173,500 kr a year living in the region of Faxe, Denmark, you will be taxed 57,653 kr. That means that your net pay will be 115,847 kr per year, or 9,654 kr per month. Your average tax rate is 33.2% and your marginal tax rate is 33.0%. 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 32.99 kr, hence, your net pay will only increase by 67.01 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 670 kr of net incomes. A 5,000 kr bonus will generate an extra 3,351 kr of net incomes.
Europe
Country 
Net pay
Average tax
Rank
Switzerland
DKK 157101
9.5%
1
Ireland
DKK 155528
10.4%
2
United Kingdom
DKK 153445
11.6%
3
Russia
DKK 150945
13.0%
4
France
DKK 147885
14.8%
5
Norway
DKK 143966
17.0%
6
Luxembourg
DKK 141876
18.2%
7
Hungary
DKK 141403
18.5%
8
Austria
DKK 140824
18.8%
9
Ukraine
DKK 139667
19.5%
10
Spain
DKK 139221
19.8%
11
Czech Republic
DKK 137457
20.8%
12
Italy
DKK 127214
26.7%
13
Germany
DKK 125932
27.4%
14
Greece
DKK 125488
27.7%
15
Sweden
DKK 125305
27.8%
16
Poland
DKK 119517
31.1%
17
Denmark
DKK 116304
33.0%
18
Finland
DKK 115008
33.7%
19
Portugal
DKK 112399
35.2%
20
Netherlands
DKK 109181
37.1%
21
Belgium
DKK 104748
39.6%
22
Romania
DKK 101498
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
DKK 145009
16.4%
1
Canada
DKK 128879
25.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
DKK 163641
5.7%
1
Taiwan
DKK 155729
10.2%
2
Thailand
DKK 154493
11.0%
3
Australia
DKK 152947
11.9%
4
South Korea
DKK 145901
15.9%
5
New Zealand
DKK 144816
16.5%
6
Pakistan
DKK 140878
18.8%
7
Indonesia
DKK 139954
19.3%
8
Kazakhstan
DKK 138701
20.1%
9
Malaysia
DKK 137958
20.5%
10
Japan
DKK 137683
20.6%
11
Singapore
DKK 137198
20.9%
12
Philippines
DKK 132280
23.8%
13
Vietnam
DKK 127261
26.7%
14
China
DKK 122064
29.7%
15
India
DKK 114767
33.9%
16
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Africa
Country 
Net pay
Average tax
Rank
South Africa
DKK 139157
19.8%
1
Mozambique
DKK 128013
26.2%
2
Angola
DKK 127435
26.6%
3
Kenya
DKK 124999
28.0%
4
Ivory Coast
DKK 121785
29.8%
5
Ghana
DKK 121756
29.8%
6
Morocco
DKK 120965
30.3%
7
Nigeria
DKK 118885
31.5%
8
Uganda
DKK 114834
33.8%
9
Cameroon
DKK 114267
34.1%
10
Senegal
DKK 112111
35.4%
11
Zambia
DKK 108748
37.3%
12
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NOTE* Withholding is calculated based on the Faxe 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.