Incorrect tax calculation for 19% IVA

Hi,

I am seeing an issue where the tax calculated seems to be incorrect when user is shipping to anywhere with 19% IVA, Germany/Cyprus in my case
Tax options are as follows:
Prices entered with tax: yes, I will enter prices inclusive of tax
Calculate tax based in: Customer Shipping Address
Shipping Tax Class: Standard
Rounding: on – Round tax at subtotal level, instead of rounding per line
Additional Tax Rates: Reduced rate / Zero Rate (but none are specified)
Display Prices in the shop: Including Tax
Display prices during cart and checkout: Including Tax
Price display suffix: incl VAT
Display tax totals: Itemized

When I place an order for a €20,00 product these are the values calculated:

Cost: 16,53€
Qty × 1
Total 16,53€
19% IVA 3,14€
This would amount to €19,67 where it should amount to €20,00

If I manually use this formula which I found from a support response on this forum:
tax_amount = price – ( price / ( ( tax_rate_% / 100 ) + 1 ) )

It calculates the correct values:
IVA €3.19.
The net price before IVA €16.81.
Total €20,00

So something is not right.

So far I have taken the following steps:
Staging site
Changed theme to Storefront

Active Plugins:
Breeze by Cloudways – 2.1.9
Phone Orders for WooCommerce by AlgolPlus – 3.9.0
SEUR Oficial by José Conti – 2.1.1
WooCommerce Stripe Gateway by WooCommerce – 8.4.0
WooCommerce by Automattic – 9.0.2

WooCommerce version:9.0.2
WooCommerce Legacy REST API package: The Legacy REST API plugin is not installed on this site.
WordPress version: 6.5.5
WordPress memory limit: 512 MB

Any help is apreciated

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