Sweden flagvs
Denmark flag

Sweden vs Denmark Tax Comparison

Side-by-side comparison of tax rates and systems

Tax Rate Comparison

Rate Comparison

Top Income Tax

Sweden flagSweden
52%Lower
Denmark flagDenmark
55.9%

Corporate Tax

Sweden flagSweden
20.6%Lower
Denmark flagDenmark
22%

Capital Gains

Sweden flagSweden
30%Lower
Denmark flagDenmark
42%

VAT / Sales Tax

Sweden flagSweden
25%
Denmark flagDenmark
25%
Category
Sweden flagSweden
Denmark flagDenmark
Tax SystemProgressiveProgressive
Top Income Tax52%55.9%
Corporate Tax20.6%22%
Capital Gains30%42%
VAT / Sales Tax25%25%
Crypto TaxYesYes
Wealth TaxNoNo
Tax Treaties8575
CurrencySEKDKK

The bottom line: Sweden vs Denmark

Sweden 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. Sweden runs a progressive tax system, while Denmark uses a progressive one. Sweden has the wider tax-treaty network (85 agreements), which can reduce withholding tax on cross-border income.

Sweden vs Denmark Tax FAQ