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Budget for 2014 – individual taxation

|Proposed Changes|Denmark
Denmark

On 9 and 13 September 2013, the Ministry of Taxation published press releases summarizing the tax amendments in respect of individuals planned in the Budget for 2014. The Budget for 2014 entails several changes for different thresholds, most importantly increasing:

-   the threshold after which the 15% tax rate applies to DKK 449,100 (currently DKK 421,000). Consequently, the number of taxpayers subject to the 15% rate is estimated …