Taxes in Europe Database v2
Statutory Notice No. 486 of 14 May 2013 (ejendomsværdiskatteloven).
Temporary changes in the valuation of property is made from the law 1535 of 27th of December 2014.
The owner of the property.
The tax is applicable only to private home owners and is based upon the public property evaluation per 1 January in the tax year.
The tax is calculated on the basis of the value of property, assessed every second year. However, the valuation system is currently under reassessment. Therefore the 2011-valuations are currently used for owner-occupied dwellings (house or flat) and 2012-valuations for other dwellings until 2017 and 2018 respectively.
Since the adoption of the tax freeze policy in 2002, the base for property value tax is fixed to the lowest assessment of either:
Persons over 65 years old receive a deduction in property value tax of 4 ‰ of the tax base, with a maximum of DKK 6,000 for homes and DKK 2,000 for summer homes.
The reduction itself is however reduced according to income: 5 % of that part of the owner's personal income with the addition of positive net capital income and positive dividend income which exceeds a tax base of DKK 180,400 (2015) for single persons and DKK 277,500 (2015) for married couples.
There is also a deduction for owners who have bought the property no later than July 1, 1998. This deduction is 2 ‰ of the tax base. Furthermore there is a deduction of 4 ‰, with a maximum of DKK 1,200 which applies for owner-occupied housing except flats.
Property value tax is 10 ‰ of the base value up to DKK 3,040,000 and 30 ‰ of the amount exceeding this threshold. The threshold has been frozen at the nominal value since 2002.
Collection and accounting to the municipality and county are carried out according to the same rules as those regarding personal income taxes.