Tributary Units

A tributary unit is a measurement variable that automatically adjusts the income brackets used to establish the marginal income tax rate for personal and business income taxes. The Venezuelan government requires that the tributary unit used after the re-denomination of the currency in 2008 have three decimal places instead of two decimal places.

Use the Tributary Unit Setup (P76V410) program to set up tributary unit information for ISLR. The Tributary Unit Setup program enables you to enter for each company the effective dates and amounts. The system saves the values that you enter to the Tributary Unit Setup table (F76V410). Use the Work With Tributary Unit form to view the information in this table.