Nitesh Sethiya

by Nitesh
(Copenhagen)

Hi FYIDenmark - Your site has been source for information for me. Thanks.


I have one question regarding taxation - Do you know will I be taxed on the money I transfer from India to Denmark.

Comments for Nitesh Sethiya

Average Rating starstarstarstarstar

Click here to add your own comments

Apr 24, 2017
Rating
starstarstarstarstar
Taxation on money you bring into Denmark
by: Charlie

Not to my knowledge. The money you bring in should not be taxed unless you are talking large amounts. If you bring in cash in the amount over 75,000kr you have to tell the tax authories by filling out a form called blanket 12.020 DK. If you are transferring money from your bank to a Danish bank there should not be any taxes on it. We never paid any when we moved here and we have done it a few times. Check with your Danish bank and or SKAT to make sure you are following all guidelines. The 75,000 amount in cash is a max per trip so if bringing in anymore than that amount in cash, divide it over several trips.

Hope that helps.

Charlie

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Helpful Tips or Comments .

If you found this page helpful, please give a google+ and or a facebook like at the top of the screen, so others can also find this information. Thank you.

Please feel free to comment on this subject

Do you have a helpful tip or comment on this subject that you would like to share? Please leave comments below.

Recent Articles

  1. International Schools in Denmark

    Nov 19, 17 10:11 AM

    There are many international schools in Denmark where teaching is carried out in either English, French or German, while still teaching Danish as a mandatory subject.

    Read More

  2. MsLarsen

    Nov 19, 17 10:03 AM

    This was very informative. Thank you. While on vacation in Sonder Vissing, I payed to have a small local shop mail my souvenirs back to my home in the

    Read More

  3. Dental Care in Denmark

    Oct 24, 17 12:55 PM

    Dental care in Denmark is partially covered by the danish health system, but you will need to pay 60% of the total bill.

    Read More




br>