Denmark Wealth & Property Tax
Detailed wealth & property tax rates and rules for Denmark in 2026.
Wealth Tax
Denmark abolished its wealth tax in 1997. There are no plans to reintroduce it. Instead, Denmark relies on its high income and consumption taxes for revenue.
Wealth Tax Rate
0%
Inheritance / Estate Tax
Denmark levies an inheritance tax (boafgift) of 15% on estates exceeding a tax-free threshold of DKK 333,100 (2024). For close family members (spouse is exempt), only the 15% rate applies. For more distant relatives and unrelated heirs, an additional 25% tax applies to their share after the initial 15%, resulting in a combined effective rate of 36.25%. Gifts to children above DKK 74,100 per year are subject to 15% gift tax.
Top Rate
36.3%
Property Tax
Denmark levies annual property taxes including land value tax (grundskyld) at rates of 1.6-3.4% of the assessed land value (set by municipalities), and property value tax (ejendomsværdiskat) of 0.51% on the property value up to DKK 3,040,000 and 1.4% above. A major property tax reform effective from 2024 links taxes to updated property valuations. A registration duty of 0.6% plus DKK 1,850 applies to property transfers.
How Denmark Wealth Tax compares
Denmark does not tax net wealth. 191 of 203 countries TaxAtlas tracks take the same approach, which is useful context when weighing where to live, invest, or incorporate.
