@jerry1970@venera.social avatar

jerry1970

@jerry1970@venera.social

Software developer, founder of DPRP.net. Likes Sweden, coffee. Likes , , , , . Likes , , , .

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randahl , (edited ) to random
@randahl@mastodon.social avatar

Denmark is known as a country with steep taxes. But there is a stark difference in taxation, depending on who you are.

Three examples:

A factory worker pays 51.8 percent in various taxes on their income.

Company profits are taxed at 22 percent.

The Maersk shipping company is not taxed at all, but pays a so-called tonnage which equates to around 0,3 percent.

Joachim Holger Waldemar Christian pays 0 percent tax on the profits of his farm, as he is the brother of the king and exempt by law.

jerry1970 ,
@jerry1970@venera.social avatar

@randahl @chakie Then it should not be called "income tax", that is causing confusion. Income tax is the tax that is based on your income directly before receiving it on your bank account.

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