Denmark vs Liberia
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฉ๐ฐ Denmark โ Municipal Income Tax
Denmark's 98 municipalities set local income tax (kommuneskat) at ~22.8%โ27.8%. The national state tax adds 15% (top bracket). Combined rates including AM contribution (8% of gross) make Denmark one of the world's highest-tax nations at ~55โ56% effective top. Church tax (~0.7%) applies to members. Property value tax is nationally set.
๐ฑ๐ท Liberia โ County & District Taxes
Liberia's 15 counties and districts collect local taxes including property tax (1%โ3% of market value), business licence fees, and local service charges. The Liberia Revenue Authority (LRA) administers national taxes. Liberia uses the US dollar alongside the Liberian dollar. The country was devastated by civil wars (1989โ2003) and the 2014โ16 Ebola epidemic. Iron ore (ArcelorMittal, China Union), rubber, palm oil, and timber are key exports. Tax reform has been a focus of post-conflict reconstruction under successive administrations.
Denmark vs Liberia: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฉ๐ฐ Denmark has a higher top income tax rate (~55.9% vs 0โ25%). ๐ฑ๐ท Liberia is more favourable for high earners.
๐ VAT/Sales Tax: Denmark has a higher consumption tax (25% vs 10%).
๐ข Corporate Tax: ๐ฉ๐ฐ Denmark offers a lower corporate rate (22% vs 25%), which can influence business location decisions.
๐ Capital Gains: ๐ฑ๐ท Liberia taxes investment gains at a lower rate (15% vs 42%), benefiting investors.