Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
127,920 kr
Direct Federal Tax 12,11%
- 14,228 kr
Communal tax
- 25,742 kr
Church tax
- 821 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 41,927 kr
Net pay
* 85,993 kr
Marginal tax rate
32.4%
Average tax rate
32.8%
67.2%
Net pay
32.8%
Total tax
Total tax
Net pay
Summary
If you make 127,920 kr a year living in the region of Horsens, Denmark, you will be taxed 41,927 kr. That means that your net pay will be 85,993 kr per year, or 7,166 kr per month. Your average tax rate is 32.8% and your marginal tax rate is 32.4%. 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 32.43 kr, hence, your net pay will only increase by 67.57 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 676 kr of net incomes. A 5,000 kr bonus will generate an extra 3,379 kr of net incomes.
Compare average tax
Europe
Country 
Net pay
Average tax
Rank
Ireland
DKK 126479
1.1%
1
United Kingdom
DKK 123021
3.8%
2
Switzerland
DKK 118152
7.6%
3
Russia
DKK 111290
13.0%
4
France
DKK 111238
13.0%
5
Norway
DKK 110480
13.6%
6
Spain
DKK 109196
14.6%
7
Luxembourg
DKK 108455
15.2%
8
Austria
DKK 108097
15.5%
9
Hungary
DKK 104255
18.5%
10
Czech Republic
DKK 103727
18.9%
11
Ukraine
DKK 102976
19.5%
12
Italy
DKK 101292
20.8%
13
Germany
DKK 99718
22.1%
14
Greece
DKK 95385
25.4%
15
Sweden
DKK 94761
25.9%
16
Poland
DKK 90412
29.3%
17
Portugal
DKK 86303
32.5%
18
Finland
DKK 85859
32.9%
19
Denmark
DKK 85638
33.1%
20
Belgium
DKK 83315
34.9%
21
Netherlands
DKK 80499
37.1%
22
Romania
DKK 74833
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
USA
DKK 110439
13.7%
1
Canada
DKK 95091
25.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Hong Kong
DKK 121401
5.1%
1
Australia
DKK 117576
8.1%
2
Thailand
DKK 116770
8.7%
3
Taiwan
DKK 116257
9.1%
4
South Korea
DKK 110263
13.8%
5
Pakistan
DKK 108352
15.3%
6
New Zealand
DKK 107846
15.7%
7
Indonesia
DKK 106794
16.5%
8
Malaysia
DKK 106575
16.7%
9
Japan
DKK 102888
19.6%
10
Singapore
DKK 101915
20.3%
11
Kazakhstan
DKK 101782
20.4%
12
Philippines
DKK 101417
20.7%
13
Vietnam
DKK 96665
24.4%
14
China
DKK 90272
29.4%
15
India
DKK 88878
30.5%
16
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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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Africa
Country 
Net pay
Average tax
Rank
South Africa
DKK 107243
16.2%
1
Mozambique
DKK 95965
25.0%
2
Angola
DKK 94275
26.3%
3
Kenya
DKK 93093
27.2%
4
Morocco
DKK 93036
27.3%
5
Ivory Coast
DKK 91782
28.3%
6
Ghana
DKK 91605
28.4%
7
Nigeria
DKK 87882
31.3%
8
Cameroon
DKK 86515
32.4%
9
Uganda
DKK 85207
33.4%
10
Senegal
DKK 84136
34.2%
11
Zambia
DKK 80716
36.9%
12
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NOTE* Withholding is calculated based on the Horsens 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.