Taxes in Europe Database v2
Statutory Notice No 1200 of 30 september 2013 (ejendomsavancebeskatningsloven).
See State income tax and corporation tax.
The owner of the property (e.g. households and businesses) provided that the owner is not a professional trader of immovable property.
The sale price minus acquisition costs.
Private persons who sell their own home are exempt for tax, providing that:
- the property does not exceed 1,400 m2;
- or there is a public regulation prohibiting sub‑dividing;
- or there is a public declaration stating that sub‑division will entail a substantial depreciation of the value of the remaining property.
The same exemption applies to summer houses.
Companies are taxed according to the law on corporate tax.
Profits arising from immovable property sales from private persons are taxed as capital income. Losses can be deducted from the profit of property sales of the year and the following years.
Collection and accounting is carried out according to the same rules as State taxes.
There are special rules regarding the acquisition price for property which was owned 19 May 1993.
There is a special annual allowance of DKK 10,000 - and maintenance costs exceeding DKK 10,000 - which can be added to the acquisition price. This amount is not subject to regulation.
The allowance of DKK 10,000 does not apply for the year in which the property is sold.
If the property has been used inter alia for farming, market gardening or another kind of agricultural acitivity for more than five years there is a base deduction of DKK 277,500 (2015).
Revenue appears under the personal income tax - State, county and municipal income tax