TaxDown

TaxDown

TaxDown can be used by anyone without knowledge of taxes to make his/her income tax return easily and quickly and apply all the benefits and deductions to which he/she is entitled, saving an average of 362 euro to our users.

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€4.0m

Valuation: €29.0m

Early VC
Total Funding000k

Financials

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Revenues, earnings & profits over time
EUR20222023
Revenues00000000
% growth-82 %
EBITDA00000000
Profit00000000
% profit margin(320 %)(91 %)
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Company filings or news article

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More about TaxDown
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TaxDown is a Spanish-based startup that simplifies the tax filing process for individuals. The company operates in the financial technology sector, providing an easy-to-use platform that helps users navigate the complexities of tax returns, notifications from the tax office, and public aid applications. The service is designed to serve a broad range of clients, from individuals who need help with their annual tax returns to those who require assistance with specific tax-related issues such as maternity or large family advances.

TaxDown's business model is based on offering different plans to meet the varying needs of its clients. These plans include services such as expert advice throughout the year, handling all administrative procedures with the tax office, and providing personalized content to help users save money. The company generates revenue by charging for these plans, which offer a range of services from basic tax return assistance to comprehensive tax management.

One of the key selling points of TaxDown is its simplicity. The company promises a quick and easy process, reducing the often complex task of filing a tax return to a few simple questions. This user-friendly approach, combined with expert advice and personalized content, has helped TaxDown attract over a million users.

In addition to its domestic services, TaxDown also offers international tax advice and has an English-language service, broadening its potential market. The company's commitment to fighting for the public aids that belong to its clients and its promise to handle all dealings with the tax office on their behalf further enhance its value proposition.

Keywords: Tax Filing, Financial Technology, Personalized Advice, Administrative Procedures, Public Aid Applications, User-friendly, Expert Advice, Tax Management, International Tax Advice, English-language Service.

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