Setup for Special Taxation and Tax Accounting for Brazil

Note:

To access the Brazil Localization SuiteApp documentation in Brazilian Portuguese (Português do Brasil), see Brazil Localization.

The Brazil Localization and SuiteTax Latam Engine - Brazil Records SuiteApps provide predefined settings to support standard taxation and tax accounting scenarios.

If you have special taxation or tax accounting scenarios for the taxes covered by the SuiteApp, you can define the settings to calculate the taxes.

Special taxation scenarios could be tax benefits. For example, the Regime Especial de Incentivos para o Desenvolvimento da Infraestrutura (REIDI) benefit.

Special tax accounting scenarios would be choosing to post a tax on a given context to a different account. For example, you may want to post the ICMS tax on diesel fuel to a different account than the ICMS on other products.

If you need to calculate or account for taxes in scenarios such as these, you must:

Create a new tax type record.

For more information, see Creating Tax Types for Brazil.
Create a new tax code record.

For more information, see Creating Tax Codes for Brazil.
Copy the applicable parameter types.

For more information, see Copying Parameters Types from Brazil.
If the copied parameter types are set as available for tax codes, add the applicable tax parameters to the new tax codes.

For more information, see Adding Tax Parameters to Tax Codes for Brazil.
Create or edit tax determination rules for the new tax codes.

Tax determination rules provided by the SuiteTax Latam Engine - Brazil Records SuiteApp do not apply to new tax types and codes by default.
Copy the applicable tax alias mappings.

For more information, see Copying Tax Alias Mappings from Brazil.
Create the applicable parameter type alias mappings.

For more information, see Creating Parameter Type Alias Mappings for Brazil.

Related Topics