Define First-Party and Third-Party IM

You can add the first-party municipal inscription number as tax registrations of the legal reporting unit tax profile.

You can add the third-party municipal inscription number as tax registrations of the third-party tax profile and the third-party site tax profile. The tax reporting type Brazil Municipal Inscription IM is predefined for Brazil, and the registration type is tax registration.

These type uses are enabled in the application:

• Legal reporting unit tax registration
• Customer party tax profile
• Customer site party tax profile
• Supplier party tax profile
• Supplier site party tax profile

You must define your tax configuration before adding the party tax profiles tax registrations. You can use the Manage Tax Regimes task to create tax regimes, and assign them to the country Brazil. For ISS tax configuration, use the Manage Tax Jurisdictions task to create one tax jurisdiction for each city. You must use the same tax regime, tax, and tax jurisdiction when you enter the tax registrations.

1. To enter the IM of a legal reporting unit, follow these steps:
   1. Navigate to the Manage Tax Registrations task.
   2. Search for Legal Reporting Unit Tax Profiles.
   3. In the Tax Registrations tab, click Create.
   4. Select the legal reporting unit in the Create Legal Reporting Unit Tax Registration page.
   5. Select the tax regime code.
   6. Select the tax.
   7. Select the tax jurisdiction code associated with the city where the IM was registered.
   8. In the Registration Details region, select Others as the tax registration type.
   9. Select Brazil Municipal Inscription IM as the validation type.
   10. The Validation Level and Duplicate Validation Level controls are retrieved from the tax configuration.
   11. In the Registration Number field, enter the IM number.
   12. Enter the start date.
   13. Click Save and Close.
2. To enter the IM of a third party, follow these steps:
   1. Navigate to the Manage Tax Registrations task.
   2. Search for Third-Party Tax Profiles.
   3. In the Tax Registrations tab, click Create.
   4. On the Create Third-Party Tax Registration page, select the party name.
   5. Select the tax regime code.
   6. Select the tax.
   7. Select the tax jurisdiction code associated with the state where the IM was registered.
   8. In the Registration Details region, select Others as the tax registration type.
   9. Select Brazil Municipal Inscription IM as the validation type.
   10. The Validation Level and Duplicate Validation Level controls are retrieved from the tax configuration.
   11. In the Registration Number field, enter the IM number.
   12. Enter the start date.
   13. Click Save and Close.
3. To enter the IM of a third-party site, follow these steps:
   1. Navigate to the Manage Tax Registrations task.
   2. Search for Third-Party Site Tax Profiles.
   3. In the Tax Registrations tab, click Create.
   4. On the Create Third-Party Site Tax Registration page, select the party site number.
   5. Select the tax regime code.
   6. Select the tax.
   7. Select the tax jurisdiction code associated with the state where the IM was registered.
   8. In the Registration Details region, select Others as the tax registration type.
   9. Select Brazil Municipal Inscription IM as the validation type.
   10. The Validation Level and Duplicate Validation Level controls are retrieved from the tax configuration.
   11. In the Registration Number field, enter the IM number.
   12. Enter the start date.
   13. Click Save and Close.