DK · Europe ↔ LU · Europe

Denmark vs Luxembourg: tax rates compared

Denmark has an income tax rate of 55.9%, 10.1pp above Luxembourg's 45.8%. The 37-country average is 43.2%: both sit above it.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Income Tax

0102030405060World avg 43.2%DK 55.9%LU 45.8%
Income Tax, side by side
CountryRateSource
Denmark55.9%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Luxembourg45.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+10.1 ppDenmark higherlargest gap on this page

Corporate Tax

0102030405060World avg 22.6%DK 22%LU 23.9%
Corporate Tax, side by side
CountryRateSource
Denmark22%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Luxembourg23.9%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−1.9 ppLuxembourg higher

Luxembourg has a corporate tax rate of 23.9%, 1.9pp above Denmark's 22%. The 201-country average is 22.6%: Denmark sits below it, Luxembourg sits above it.

VAT

0102030405060World avg 19.5%DK 25%LU 17%
VAT, side by side
CountryRateSource
Denmark25%Source: PWC Worldwide Tax Summaries — Denmark (Corporate, Other taxes) · as of 2026-02-25
Luxembourg17%Source: PWC Worldwide Tax Summaries — Luxembourg (Corporate, Other taxes) · as of 2026-01-13
Difference+8 ppDenmark higher

Denmark has a VAT rate of 25%, 8pp above Luxembourg's 17%. The 37-country average is 19.5%: Denmark sits above it, Luxembourg sits below it.

Wealth Tax

0102030405060World avg 0.1%DK 0%LU 0%
Wealth Tax, side by side
CountryRateSource
Denmark0%Source: PWC Worldwide Tax Summaries — Denmark (Individual, Other taxes) · as of 2026-06-25
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Other taxes) · as of 2026-01-13
Difference0 ppdisplayed rates match

Denmark and Luxembourg share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.