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First of all, thanks a lot for this useful tool, it was really helpful. I think it's worth mentioning that tax values calculated for stocks are not correct.
To calculate the value first we need to establish the base - which is going to be the incode rounded up or down depending on the decimal part. Only then we calculate 19%. Then the tax itself is also rounded up or down.
I do understand there's a disclaimer and any such tool should be treated with caution. However in case, someone was actually using the tool to fill out tax forms, its worth adding that:
custody fees can be treated as cost
the tax amount rendered by the tool is not a final tax amount to be put in the tax form. It should be correctly processed before that
The text was updated successfully, but these errors were encountered:
First of all, thanks a lot for this useful tool, it was really helpful. I think it's worth mentioning that tax values calculated for stocks are not correct.
To calculate the value first we need to establish the base - which is going to be the incode rounded up or down depending on the decimal part. Only then we calculate 19%. Then the tax itself is also rounded up or down.
I do understand there's a disclaimer and any such tool should be treated with caution. However in case, someone was actually using the tool to fill out tax forms, its worth adding that:
The text was updated successfully, but these errors were encountered: