Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
122,463 kr
Direct Federal Tax 12,11%
- 13,621 kr
Communal tax
- 23,267 kr
Church tax
- 388 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 38,412 kr
Net pay
* 84,051 kr
Marginal tax rate
31.0%
Average tax rate
31.4%
68.6%
Net pay
31.4%
Total tax
Total tax
Net pay
Summary
If you make 122,463 kr a year living in the region of Gentofte, Denmark, you will be taxed 38,412 kr. That means that your net pay will be 84,051 kr per year, or 7,004 kr per month. Your average tax rate is 31.4% and your marginal tax rate is 31.0%. 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 30.97 kr, hence, your net pay will only increase by 69.03 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 690 kr of net incomes. A 5,000 kr bonus will generate an extra 3,452 kr of net incomes.
Europe
Country 
Net pay
Average tax
Rank
Ireland
DKK 121356
0.9%
1
United Kingdom
DKK 119378
2.5%
2
Switzerland
DKK 113314
7.5%
3
France
DKK 106851
12.8%
4
Spain
DKK 106656
12.9%
5
Russia
DKK 106543
13.0%
6
Norway
DKK 106149
13.3%
7
Luxembourg
DKK 104277
14.9%
8
Austria
DKK 103498
15.5%
9
Hungary
DKK 99807
18.5%
10
Czech Republic
DKK 99689
18.6%
11
Ukraine
DKK 98583
19.5%
12
Italy
DKK 98189
19.8%
13
Germany
DKK 96320
21.4%
14
Greece
DKK 91730
25.1%
15
Sweden
DKK 91104
25.6%
16
Poland
DKK 86927
29.0%
17
Portugal
DKK 83002
32.2%
18
Finland
DKK 82145
32.9%
19
Denmark
DKK 81967
33.1%
20
Belgium
DKK 80423
34.3%
21
Netherlands
DKK 77067
37.1%
22
Romania
DKK 71641
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
DKK 106218
13.3%
1
Canada
DKK 91239
25.5%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
DKK 116248
5.1%
1
Australia
DKK 113617
7.2%
2
Thailand
DKK 112132
8.4%
3
Taiwan
DKK 111515
8.9%
4
South Korea
DKK 105996
13.5%
5
Pakistan
DKK 104260
14.9%
6
New Zealand
DKK 103420
15.6%
7
Indonesia
DKK 102717
16.1%
8
Malaysia
DKK 102614
16.2%
9
Japan
DKK 98693
19.4%
10
Singapore
DKK 97654
20.3%
11
Philippines
DKK 97616
20.3%
12
Kazakhstan
DKK 97361
20.5%
13
Vietnam
DKK 92934
24.1%
14
China
DKK 86466
29.4%
15
India
DKK 85778
30.0%
16
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Middle East
Country 
Net pay
Average tax
Rank
United Arab Emirates
DKK 116340
5.0%
1
Qatar
DKK 116340
5.0%
2
Bahrain
DKK 112666
8.0%
3
Oman
DKK 112666
8.0%
4
Saudi Arabia
DKK 110217
10.0%
5
Kuwait
DKK 108992
11.0%
6
Israel
DKK 106359
13.2%
7
Egypt
DKK 93782
23.4%
8
Lebanon
DKK 93172
23.9%
9
Turkey
DKK 69807
43.0%
10
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NOTE* Withholding is calculated based on the Gentofte 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.