Taxes in Europe Database v2
Statutory Notice 333 of 2th April 2012 (Dødsboskatteloven).
2/3 of the revenue accrues to the central authority and 1/3 to local authorities.
Estates that are fully or partly subject to administration in Denmark.
Allowance with regard to income tax.
In 2015: DKK 2,000 per month, from the start of the year to the time of the death, and DKK 5,400 per month from the time of the death until the accounting is finished.
Estates with assets of not more than DKK 2,680,800 in 2015 are tax-free. Estates with assets with a net value at the time the accounting of the estates is finished of less than DKK 2,680,800 for estates concerning persons deceased after the 1st of july 2009, are tax-free (DKK 1,946,400 for estates concerning persons deceased before the 1st of july 2009).
All the thresholds are adjusted in line with a factor laid down annually by law (PSL § 20).
The taxable income of the deceased is taxed at a 50% in the period from the time of the death until the accounting is finished. In this period share income is taxed according to normal capital income taxation rules.
As arranged by the tax commissions.
The law covers estates that are subject to administration in Denmark and estates that have income from Denmark, subject to administration in foreign countries.
If the estate has a loss, an amount up to 30 % of the loss may be paid from public funds, under certain conditions.
Revenue is included in personal income tax.