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Tax pressure around the world? How is yours?
How is the tax pressure around the world?
This thread is meant to give an overview on how the tax is around the world. The fees on my new car inspired me. See below and you know why.
Please reply if you have something to add.
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Denmark:
Income tax:
Average 50%
Max 60%
Deduction DKK 30000 = $6000
VAT:
25% on all products, deductable for companies.
Company tax:
30%
New car:
Price + 25% VAT + 180% registration fee of the price
100.000 becomes 305.000
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