what is tax rate in denmark
Because of this, you would think that the country with the highest tax rate in the world would have the most miserable people, right? It turns out that Denmark has the highest tax rate in the world with a 48.9% tax-to-GDP ratio. In comparison, Indiaâs tax-to-GDP ratio is 10.6% , Japanâs is 27.4%, and the United States is 28.2%. But there is something else that Denmark is known for: being the happiest country in the world.