In
Denmark personal tax rates are notoriously high,
being levied at progressive rates to 59%, with
a further levy for social insurance contributions
(in 2006, this was 8% of the gross income plus
a fixed monthly contribution of DKK 81.30).
A person is subject to Danish tax if he is resident
there and is presumed to be resident there if
he spends more than 6 months in the country
in the tax year. These tax rates are a great
disincentive and provide a very real problem
to employers who require foreign skilled labor.
Accordingly
the government introduced a special expatriate
tax regime which has the following characteristics
for those who qualify:
The
personal income tax rate will be fixed at
25% (for the first three years) with a further
contribution for social insurance. Employer
social insurance contributions are negligible.
Generally only foreign temporary employees
recruited abroad can qualify for this special
tax treatment, although by way of exception
Danish employees working abroad may also qualify
provided they did not go abroad specifically
to apply for this scheme.
The special tax treatment will only be granted
for 6-36 months, as mentioned above.
The employee gross salary must not be less
than DKK 56,000 (in 2004) per month after
deduction of social insurance contributions.
By way of exception this rule does not apply
if the employee is engaged in approved research
and development projects.
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