Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
120,996 kr
Direct Federal Tax 12,11%
- 13,458 kr
Communal tax
- 24,417 kr
Church tax
- 843 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 39,853 kr
Net pay
* 81,143 kr
Marginal tax rate
32.6%
Average tax rate
32.9%
67.1%
Net pay
32.9%
Total tax
Total tax
Net pay
Summary
If you make 120,996 kr a year living in the region of Fredericia, Denmark, you will be taxed 39,853 kr. That means that your net pay will be 81,143 kr per year, or 6,762 kr per month. Your average tax rate is 32.9% and your marginal tax rate is 32.6%. 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 32.58 kr, hence, your net pay will only increase by 67.42 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 674 kr of net incomes. A 5,000 kr bonus will generate an extra 3,371 kr of net incomes.
North America
Country 
Net pay
Average tax
Rank
USA
DKK 105084
13.2%
1
Canada
DKK 90240
25.4%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
DKK 114863
5.1%
1
Australia
DKK 112553
7.0%
2
Thailand
DKK 110885
8.4%
3
Taiwan
DKK 110240
8.9%
4
South Korea
DKK 104849
13.4%
5
Pakistan
DKK 103159
14.7%
6
New Zealand
DKK 102230
15.5%
7
Indonesia
DKK 101563
16.1%
8
Malaysia
DKK 101495
16.1%
9
Japan
DKK 97565
19.4%
10
Philippines
DKK 96594
20.2%
11
Singapore
DKK 96509
20.2%
12
Kazakhstan
DKK 96173
20.5%
13
Vietnam
DKK 91912
24.0%
14
China
DKK 85443
29.4%
15
India
DKK 84945
29.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Guatemala
DKK 109394
9.6%
1
Puerto Rico
DKK 109222
9.7%
2
Costa Rica
DKK 108291
10.5%
3
Ecuador
DKK 107637
11.0%
4
Colombia
DKK 106108
12.3%
5
Panama
DKK 103099
14.8%
6
Chile
DKK 98441
18.6%
7
Mexico
DKK 97660
19.3%
8
Peru
DKK 93619
22.6%
9
Uruguay
DKK 92619
23.5%
10
Brazil
DKK 91656
24.3%
11
Argentina
DKK 78599
35.0%
12
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NOTE* Withholding is calculated based on the Fredericia 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.