CIDE Calculation on Goods (Brazilian Hub SuiteApp)
The Contribuições de Intervenção no Domínio Econômico (CIDE) tax applies to imported goods and the trade of fuels.
Creating CIDE Parameters on Goods
To set up CIDE calculation on goods, you must create parâmetros CIDE records. Create parâmetros CIDE records for each Mercosur Common Nomenclature (MCN) code associated with the goods you import to Brazil or the fuels you trade.
To create CIDE parameters on goods:
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Go to BRHub > Fiscal > Parametrização de CIDE > New.
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In the NCM field, select the MCN code associated with the goods subject to these parameters.
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In the Data Inicial Vigência field, 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 IPI. This date is usually defined by law.
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In the Data Final Vigência field, 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.
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(Optional) If the parameter should only apply to a specific item, in the Produto field, select the item the parameter applies to.
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In the sublist under the record’s header, enter the following information:
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In the CFOP column, select the Código Fiscal de Operações e Prestações (CFOP) code associated with the operation subject to CIDE.
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(Optional) If the parameter should only apply to a specific group of entities, in the Grupo de Tributação column, select the tax group the parameter applies to.
For more information about tax groups, see Creating Tax Groups for Brazil (Brazilian Hub SuiteApp).
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In the Valor/Pauta column, enter the pauta amount on operations subject to CIDE.
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Click Save.