The Royal Standard of Scotland, also known as the Banner of the King of Scots or more commonly the Lion Rampant of Scotland, is the Scottish Royal Banner of Arms.
In Denmark are local tax and state tax. The tax rate is from 0 % to 59 %. The state tax rate is from 5.48 % to 15 %. Municipal income tax is levied on taxable income and varies according to the municipality, between 20.14 % and 26.71 %. In Copenhagen, the countryâs capital, the municipal tax rate is 24 %.
Foundations play a large role as owners of private sector companies. Denmark's nominal GDP was estimated to be $333,238 million, the 32nd largest in the world. It has the world's lowest level of income inequality, according to the World Bank Gini (%), but no legally stipulated minimum wage.ith a GDP of 1,642,215 million DKK and revenue from taxes and ownership at 803,693 million DKK (2006), 49.07% of GDP, it is of extreme importance what happens in the tax-financed part of the economy.