Taxes FAQs
This section displays the FAQs for taxes.
How can I distinguish between the different taxes in Brazil?
During the implementation phase, define the taxes and tax regimes as part of the tax configuration. These taxes and tax regimes should be informed to the partner to get the proper information from the Fiscal Document extract file.
For more information on tax configuration, see the Tax Configuration chapter in the Oracle Financials Cloud Implementing Tax guide at http://docs.oracle.com.
How can I identify withholding tax information?
In Oracle Fusion Tax, taxes are classified as transaction taxes or withholding taxes. The fiscal document extract file contains both transaction and withholding tax information. Use the REGIME_TYPE_FLAG field to identify if the tax line is related to a transaction tax or a withholding tax.
How can I recognize taxes per unit?
Taxes per unit can be identified by the TAX_RATE_TYPE field related to the tax. This field indicates the type of tax rate, and for taxes per unit, the TAX_RATE_TYPE is equal to QUANTITY.
How can I know if a tax exemption was applied?
For tax exemptions, TAX_RATE_BEFORE_EXEMPTION is the tax rate that is determined before applying the tax exemption. If the TAX_RATE value is the same as tax rate before exemption, this means no exemption was applied. On the other hand, if the TAX_RATE value is different from the tax rate before exemption, this means a tax exemption was applied and the tax rate after the exemption is the TAX_RATE.
How can I obtain the returned IPI amount and the percentage of returned goods?
- ORIGINAL_GOODS_QTY: Quantity of goods from the original fiscal document in a return to supplier transaction
- TAX_AMT: IPI tax amount in BRL currency
- TRX_LINE_QUANTITY: Quantity of the associated transaction line
How can I identify the ISS Collecting City?
The ISS collecting city is the city of ISS tax jurisdiction. Depending on the ISS tax determinants, the ISS collecting city could be either the city of the service supplier or the city where the service was provided. During the implementation phase, configure the tax rules for ISS tax calculation in each one of those scenarios to provide the correct tax jurisdiction.
Use the TAX_JURISDICTION_GEOGRAPHY field for ISS tax to get the city name of the tax jurisdiction.
For more information on tax configuration, see the Tax Configuration chapter in the Oracle Financials Cloud Implementing Tax guide at http://docs.oracle.com.
How can I report the person responsible for withholding ISS tax?
Currently only the service customer is responsible for withholding the ISS tax. The partner needs to inform the responsible party for withholding the ISS tax as 1 - Service Customer.
How can I identify the Tributary Regimen of the first party (CRT)?
Currently only standard taxation is supported. The partner needs to inform the Tributary Regimen of the first party (CRT) as 3 - Normal Regime or standard taxation.
How can I calculate the total amount of fiscal document?
Consider if taxes are inclusive or exclusive when calculating the total amount. If the tax is inclusive, the tax amount is already included in the line amount. On the other hand, if the tax is exclusive then the tax amount is not included in the line amount, so it must be added to the line amount to determine the total amount of fiscal document.
The TAX_AMT_INCLUDED_FLAG field indicates if tax line is inclusive or exclusive.
When can I include the line amount in the fiscal document total amount?
The BILLABLE_FLAG field indicates whether transaction lines are billable. Currently this flag is always “Y” so all lines are billable.