Selling a home outside Denmark

Register the sale of your home in your preliminary income assessment (forskudsopgørelse) to avoid having to pay tax on a property you no longer own. If you made a profit on the sale, you may have to pay tax.

If you sell your non-Danish property, you have to report the sale in your preliminary income assessment (forskudsopgørelsen). If you do so, you'll pay the correct tax. If you want to wait, you can also report the sale in your tax assessment notice (årsopgørelse).

You may have to pay tax it you made a profit on the sale:

You will be taxed according to the Danish tax rules when you sell your non-Danish property. This applies when it will be determined if you can sell the property free of tax and when a possible taxable profit will be calculated.
If you have paid tax on the sale outside Denmark, the Danish tax will include a tax relief.
If you had a loss on a taxable sale, you can report it and keep it for later use. If you make a profit on a taxable sale in a year to come, you can offset the loss against the profit.

It depends on various tings if you have to pay tax on a profit or not - including your intension of buying the property, the type of property and how you have used the property.

Generally, if you sell your non-Danish property and make a profit, you will have to pay tax in Denmark.

According to the Danish Act on Taxation of Profit from the Sale of Real Property, taxable profit is consider capital income.

Here, you can see the criteria that have to be met for the sale of your home to be tax free. As the owner of the home, you have to make probable that the sale complies with the conditions for tax exemption.

If you land is less than 1,400 m2

If you have lived in the home at some point in time while you owned it and the land on which the home is located is less than 1,400 m2, you normally don't have to pay tax on the sale. And it applies that you can't offset any possible losses.

If your land is more than 1,400 m2

Generally, if the land is 1,400 or more, you will have to pay tax on the profit on the sale. But the sale is tax-free if one of the following conditions is met:

due to the decision of a public authority, the land can't be subdivided for individual houses or
a subdivision will result in the decrease in value of more than 20% of the remaining land or the existing house.

Holiday homes and similar

These conditions also apply to holiday homes and similar used for private purposes by you or members of your household in some or all of the period you have owned it.

Please note that your non-Danish property may also be assessed to be an all-year home or a holiday home according to the Danish rules.

Step-by-step guide: How to report a sale and possible profit

Access your preliminary income assessment (forskudsopgørelse) in E-tax (TastSelv)
Select the property sold under ’'Eksisterende ejendomme og grunde’ (Existing properties and land)
Cick Sælg ejendom (Sell property)
Update possible interest expenses if you have loans that change as the result of the sale
Enter the take over date of the buyer in field 733
Click Registrer (Register) at the bottom of the page
If you have to register a profit from the sale, you follow steps 8-11 of this guide. If you don't have a profit to register, you proceed to step 12.
Scroll down and click Udland (Non-Danish tax matters)
Enter the profit in field 298 (Non-Danish net capital income)
Enter the paid tax paid outside Denmark subject to a tax relief in field 588 (relevant for non-Danish capital income)
Click Registrer (Register)
Click Beregn (Calculate) and check you updates
Click Godkend (Accept) if you agree with the updates.

When you have accepted your updates, a new tax card will be generated which will disregard the remaining tax for the year and include possible tax on the profit of the sale.

If you sell your home after 1 September

If you sell your home after 1 September, you both have to update your preliminary income assessment for the year in which you sell your home and for the following year (when it's accessible). The information is not transferred automatically.

Open your tax assessment notice in E-tax (TastSelv)
Scroll down to 'Non-Danish income' and click the calculator next to 'Non-Danish property'
Click the pencil to the right of the property you want to update
Scroll down and click Next
If you want to register a profit from the sale, you follow steps 6 and 7 in this guide. If you have no profit to register, you proceed to step 8.
Enter your profit in box 425 (Net capital income)
Enter tax paid outside Denmark that entitle you to tax relief in box box 495K (concerning non-Danish capital income)
Click Next
Select Yes to the question 'Did you sell your property during the year?'
Enter the takeover date of the buyer in box 232
Click Save to save the updates
Click Back at the bottom of the page on the left-hand side
Click Next
Click Next
Click Accept. When you have accepted your updates, you will get a new tax assessment notice.

Do you have to register a loss from the sale?

If you need to register a loss, you do so in box 84 under Shares and investment certificates, etc.

Remember to report the sale in your preliminary income assessment (forskudsopgørelse)

If you register the sale in your tax assessment notice, you should also do it in your preliminary income assessment for the coming year. This way y you will not be charged tax on it.

For further legal information in Danish see our legal guide .

Selling a home outside Denmark

Do you have to pay tax or not on the sale?

Step-by-step guide: How to report a sale and possible profit

Report the sale in your preliminary income assessment

Report the sale in your tax assessment notice