CIDE Calculation (Brazilian Hub SuiteApp)
The Contribuições de Intervenção no Domínio Econômico (CIDE) tax applies to imported and exported services.
Setting Up CIDE Calculation on Exported Services
The Contribuições de Intervenção no Domínio Econômico (CIDE) tax applies to services provided abroad.
To set up CIDE calculation on exported services:
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Go to BRHub > Fiscal > Parametrização de Impostos de Serviço.
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Click Edit.
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Click the CIDE subtab.
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Click the CIDE – Saída sublist.
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In the Item column, select the service item provided abroad.
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In the Alíquota column, enter the CIDE rate on the service.
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In the Data Inicial Vigência column, enter or select the start date for the effectiveness of the parameter.
The start date is the date on which the parameter takes effect for transactions subject to CIDE. The date is usually defined by law.
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(Optional) If the parameter expires on a date predetermined by law, in the Data Final Vigência column, enter or select the end date for the effectiveness of the parameter.
The end date is the date on which the parameter expires, losing its effect. You can edit this field later if the law changes and affects the effectiveness of the parameter.
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(Optional) If the parameter should only apply to a certain subsidiary, in the Subsidiária column, select the subsidiary the parameter applies to.
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Click Add.
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Repeat the previous steps to add parameters for as many services as required.
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Click Save.
Setting Up CIDE Calculation on Imported Services
The Contribuições de Intervenção no Domínio Econômico (CIDE) tax applies to services hired from abroad.
To set up CIDE calculation on imported services:
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Go to BRHub > Fiscal > Parametrização de Impostos de Serviço.
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Click Edit.
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Click the CIDE subtab.
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Click the CIDE – Entrada sublist.
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In the Item column, select the service item hired from abroad.
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In the Alíquota column, enter the CIDE rate on the service.
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In the Data Inicial Vigência column, enter or select the start date for the effectiveness of the parameter.
The start date is the date on which the parameter takes effect for transactions subject to CIDE. The date is usually defined by law.
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(Optional) If the parameter expires on a date predetermined by law, in the Data Final Vigência column, enter or select the end date for the effectiveness of the parameter.
The end date is the date on which the parameter expires, losing its effect. You can edit this field later if the law changes and affects the effectiveness of the parameter.
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(Optional) If the parameter should only apply to a certain vendor, in the Fornecedor column, select the vendor the parameter applies to.
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Click Add.
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Repeat the previous steps to add parameters for as many services as required.
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Click Save.