A quick reference for Denmark-resident investors holding UCITS ETFs — dividend and capital-gains tax, the reduced US withholding rate via tax treaties, allowances, and whether accumulating or distributing is more efficient.
27% on dividends up to DKK 58,900, 42% above. Accumulating ETFs face mark-to-market annual taxation — no deferral advantage.
Upgrade to Pro to model any UCITS ETF in Denmark — withholding, local tax, allowances and your real take-home income.
Related: UCITS withholding tax explained · UCITS vs US ETFs · All countries
Educational information only, not tax advice. Rates change and depend on your circumstances — verify with a qualified adviser.