Disclaimer

The calculator

The tax calculation is an indicative estimate based on the tax rates and income brackets entered in TAXpedia. For simplicity's sake, it does not take into account, for example, deductions, tax credits, bonuses, incentives, refunds, local surcharges, or other personal and regulatory variables that could affect the final result. As a result, the amount shown may differ from the amount actually due upon tax return or settlement.

Data, sources and methodology

Total expenses and percentages by sector may differ from those reported by other sources (including journalistic sources) for reasons such as:

• different updates (non-coinciding reference years or subsequent releases);
• different metrics (spending as a percentage of GDP vs spending as a percentage of government revenue);
• classification criteria for expenditure chapters different from those adopted by TAXpedia.

Percentages are calculated by our team based on official data, subject to rounding and reclassification. In some cases, due to aggregations, rounding, or reclassifications, the sum of the values ​​may not exactly match the totals.

Data update

To ensure maximum up-to-dateness, we use data from the latest available financial statements. This may differ from the forecasts contained in the budget measures or from subsequent changes that occurred after the financial statements were published.

Use of information and responsibilities

The content and results displayed on TAXpedia are for informational and educational purposes only and do not constitute tax, legal, or accounting advice. While we strive for accuracy and clarity, we do not guarantee the absence of errors, omissions, or missing updates. Use of the information is at the user's own risk.