Setting Tax Determination Rules Preferences for Brazil

Note:

To access the SuiteTax Latam Engine - Brazil Records documentation in Brazilian Portuguese (Português do Brasil), see SuiteTax Latam Engine - Brazil Records.

The predefined tax determination rules provided by the SuiteTax Latam Engine - Brazil Records SuiteApp include generic information for tax calculation in Brazil.

To use the predefined records to calculate taxes in your transactions in Brazil, you can include your company-specific information in the records. You can also create copies of the predefined records and set them up according to your business needs. For example, you can:

You must also keep your tax determination rules preferences up to date to comply with regulatory or business changes. The SuiteTax Latam Engine - Brazil Records SuiteApp does not provide updates for the predefined tax determination rules.

For more information about tax determination rules records, see Creating Tax Determination Rules in the SuiteTax Latam Engine.

After you set up your tax determination rules, ensure the following records are associated with the parameters to which the rules apply:

For example, verify if the subsidiary and its customers are associated with the proper tax regime and line of business. Also, if the item is associated with the proper item code. For more information, see the following help topics:

Related Topics

General Notices