What are the tax rates for individuals who earn income from digital currencies in Denmark?

1 answers

• Ankit VarshneyApr 19, 2022 · 3 years ago
  At BYDFi, we understand the importance of tax compliance for individuals earning income from digital currencies in Denmark. The tax rates for such individuals are progressive, ranging from 8% to 55.8%. The specific tax rate depends on the individual's total annual income. For income below 55,300 DKK, the tax rate is 8%. As the income bracket increases, the tax rate gradually rises, reaching 55.8% for income above 559,900 DKK. It's crucial for individuals to accurately report their income from digital currencies and consult with tax professionals to ensure compliance with the tax regulations in Denmark.
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