Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
127,920 kr
Direct Federal Tax 12,11%
- 14,228 kr
Communal tax
- 24,657 kr
Church tax
- 740 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 40,761 kr
Net pay
* 87,159 kr
Marginal tax rate
31.5%
Average tax rate
31.9%
68.1%
Net pay
31.9%
Total tax
Total tax
Net pay
Summary
If you make 127,920 kr a year living in the region of Greve, Denmark, you will be taxed 40,761 kr. That means that your net pay will be 87,159 kr per year, or 7,263 kr per month. Your average tax rate is 31.9% and your marginal tax rate is 31.5%. 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 31.50 kr, hence, your net pay will only increase by 68.50 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 685 kr of net incomes. A 5,000 kr bonus will generate an extra 3,425 kr of net incomes.
Latin America
Country 
Net pay
Average tax
Rank
Guatemala
DKK 115654
9.6%
1
Puerto Rico
DKK 115132
10.0%
2
Costa Rica
DKK 114488
10.5%
3
Ecuador
DKK 113279
11.5%
4
Colombia
DKK 111422
12.9%
5
Panama
DKK 108337
15.3%
6
Chile
DKK 103918
18.8%
7
Mexico
DKK 102763
19.7%
8
Peru
DKK 98829
22.7%
9
Brazil
DKK 96676
24.4%
10
Uruguay
DKK 96477
24.6%
11
Argentina
DKK 83099
35.0%
12
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NOTE* Withholding is calculated based on the Greve 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.