A “4×1000” calculator refers to a tool or resource used to calculate the Italian “four per thousand” (quattro per mille) tax. This tax allows taxpayers to allocate 0.4% of their personal income tax to a religious institution, the state, or other qualifying entities. This system, established in 1985, provides financial support to these organizations. A typical online tool might allow users to input their taxable income and determine the precise amount equivalent to this 0.4% allocation.
The “four per thousand” system represents a significant mechanism for funding religious organizations and state initiatives in Italy. It offers taxpayers a degree of choice in directing a portion of their taxes and provides consistent revenue streams for selected beneficiaries. This mechanism has played a role in supporting social welfare projects, religious activities, and various governmental programs over the decades. Understanding the calculation and implications of this tax is essential for taxpayers in Italy.