Bolivia vs Denmark
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π§π΄ Bolivia β Departmental & Municipal Taxes
Bolivia's 9 departments and 339 municipalities have their own tax powers. Municipalities levy the Impuesto a la Propiedad de Bienes Inmuebles (IPBI) on real property and the Impuesto Municipal a las Transferencias (IMT) on property transfers. Departmental governments receive shares of natural resource royalties. The National Tax Service (SIN) administers national taxes. Bolivia has a unique tax system where there is no personal income tax in the traditional sense β instead, the RC-IVA (complementary VAT) effectively taxes income.
π©π° Denmark β Municipal Income Tax
Denmark's 98 municipalities set local income tax (kommuneskat) at ~22.8%β27.8%. 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 ~55β56% effective top. Church tax (~0.7%) applies to members. Property value tax is nationally set.
Bolivia vs Denmark: Key Tax Differences (2026)
π° Income Tax: π©π° Denmark has a higher top income tax rate (13% vs ~55.9%). π§π΄ Bolivia is more favourable for high earners.
π VAT/Sales Tax: Denmark has a higher consumption tax (13% vs 25%).
π’ Corporate Tax: π©π° Denmark offers a lower corporate rate (22% vs 25%), which can influence business location decisions.
π Capital Gains: π§π΄ Bolivia taxes investment gains at a lower rate (25% vs 42%), benefiting investors.