How are pensions taxed under the Australia-Denmark tax treaty?
Under the Australia-Denmark tax treaty, private pensions are generally taxable only in the country of residence — meaning no withholding tax applies at source (0%). This is favorable for retirees who have moved between the two countries, as their pension income will not be subject to double taxation. Government pensions may have different rules under a separate treaty article. This 0% rate compares to a median of 0% across Australia's 48 active treaty partners, and 0% across Denmark's 36 active partners.
Network Comparison
Australia
Rank 12 of 48 active treaties (lowest rate = #1)
Lower rates with: Cyprus (0%), Czech Republic (0%), Germany (0%)
Higher rates with: Egypt (0%), Spain (0%), Finland (0%)
Denmark
Rank 1 of 36 active treaties (lowest rate = #1)
Higher rates with: Canada (0%), Switzerland (0%), Chile (0%)