What is selskabsskat (corporate tax)?

In short

Selskabsskat is the tax on company profits — 22% in Denmark. It's paid by the company before dividends can be distributed to the owners.

In practice

Corporate tax is prepaid as acontoskat in March and November. Salary to the owner is deductible for the company and thus reduces the corporate tax.

Go deeper: Salary or dividends: how should you pay yourself from your ApS?

Related terms

• Udbytte (dividends)
• Acontoskat (on-account tax)
• See every term in the dictionary

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