In Denmark, citizens pay 1% of the value of their property to the state on the first $470,000 of its value, and 3% for anything beyond.

“In Denmark citizens pay 1 per cent of the value of their property to the state for the first DKK3.04m (£343,000) of its value and 3 per cent for anything over that. There is also a municipal tax based on land values.”

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