vs
Spain vs Denmark Tax Comparison
Side-by-side comparison of tax rates and systems
Tax Rate Comparison
Rate Comparison
Top Income Tax
Spain47%Lower
Denmark55.9%
Corporate Tax
Spain25%
Denmark22%Lower
Capital Gains
Spain28%Lower
Denmark42%
VAT / Sales Tax
Spain21%Lower
Denmark25%
| Category | Spain | Denmark |
|---|---|---|
| Tax System | Progressive | Progressive |
| Top Income Tax | 47% | 55.9% |
| Corporate Tax | 25% | 22% |
| Capital Gains | 28% | 42% |
| VAT / Sales Tax | 21% | 25% |
| Crypto Tax | Yes | Yes |
| Wealth Tax | Yes | No |
| Tax Treaties | 93 | 75 |
| Currency | EUR | DKK |
The bottom line: Spain vs Denmark
Spain has the lower headline rate on 3 of the four main taxes (income, corporate, capital gains and VAT), making it the lighter-taxed of the two on paper. Spain runs a progressive tax system, while Denmark uses a progressive one. Spain has the wider tax-treaty network (93 agreements), which can reduce withholding tax on cross-border income.
- Income tax: Spain is lower (47% vs 55.9%)
- Corporate tax: Denmark is lower (25% vs 22%)
- Capital gains tax: Spain is lower (28% vs 42%)
- VAT / sales tax: Spain is lower (21% vs 25%)