Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
7,020,792 kr
Direct Federal Tax 12,11%
- 780,909 kr
Communal tax
- 1,634,792 kr
Church tax
- 43,612 kr
Top bracket tax
- 855,870 kr
Arbejdsmarkedets Tillaegspension (ATP)
- 1,136 kr
Total tax
- 3,316,319 kr
Net pay
* 3,704,473 kr
Marginal tax rate
48.5%
Average tax rate
47.2%
52.8%
Net pay
47.2%
Total tax
Total tax
Net pay
Summary
If you make 7,020,792 kr a year living in the region of Odense, Denmark, you will be taxed 3,316,319 kr. That means that your net pay will be 3,704,473 kr per year, or 308,706 kr per month. Your average tax rate is 47.2% and your marginal tax rate is 48.5%. 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 48.53 kr, hence, your net pay will only increase by 51.47 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 515 kr of net incomes. A 5,000 kr bonus will generate an extra 2,574 kr of net incomes.
Europe
Country 
Net pay
Average tax
Rank
Russia
DKK 6108089
13.0%
1
Hungary
DKK 5721945
18.5%
2
Ukraine
DKK 5651738
19.5%
3
Czech Republic
DKK 5398604
23.1%
4
Romania
DKK 4107163
41.5%
5
Poland
DKK 4060118
42.2%
6
Greece
DKK 3946056
43.8%
7
Switzerland
DKK 3906562
44.4%
8
Norway
DKK 3791993
46.0%
9
United Kingdom
DKK 3789320
46.0%
10
Spain
DKK 3760564
46.4%
11
Luxembourg
DKK 3723049
47.0%
12
Austria
DKK 3704763
47.2%
13
Denmark
DKK 3686599
47.5%
14
Netherlands
DKK 3609837
48.6%
15
Sweden
DKK 3577984
49.0%
16
Germany
DKK 3498646
50.2%
17
Ireland
DKK 3473832
50.5%
18
Italy
DKK 3236977
53.9%
19
France
DKK 3194025
54.5%
20
Finland
DKK 2692396
61.7%
21
Belgium
DKK 2662467
62.1%
22
Portugal
DKK 2590145
63.1%
23
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North America
Country 
Net pay
Average tax
Rank
USA
DKK 3987990
43.2%
1
Canada
DKK 3426512
51.2%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Kazakhstan
DKK 6271039
10.7%
1
Hong Kong
DKK 5850266
16.7%
2
Singapore
DKK 5536270
21.1%
3
Indonesia
DKK 4772107
32.0%
4
Thailand
DKK 4660165
33.6%
5
Pakistan
DKK 4594848
34.6%
6
Vietnam
DKK 4575018
34.8%
7
Philippines
DKK 4408068
37.2%
8
Taiwan
DKK 4389144
37.5%
9
New Zealand
DKK 4357340
37.9%
10
Malaysia
DKK 4278473
39.1%
11
China
DKK 4060585
42.2%
12
Japan
DKK 3968963
43.5%
13
South Korea
DKK 3875787
44.8%
14
Australia
DKK 3855739
45.1%
15
India
DKK 2337508
66.7%
16
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Middle East
Country 
Net pay
Average tax
Rank
Kuwait
DKK 6946456
1.1%
1
Saudi Arabia
DKK 6919894
1.4%
2
Bahrain
DKK 6888015
1.9%
3
United Arab Emirates
DKK 6669752
5.0%
4
Qatar
DKK 6669752
5.0%
5
Oman
DKK 6459129
8.0%
6
Egypt
DKK 5267529
25.0%
7
Lebanon
DKK 5266919
25.0%
8
Turkey
DKK 4090321
41.7%
9
Israel
DKK 3681988
47.6%
10
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NOTE* Withholding is calculated based on the Odense 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.