FCP Brazil Plug-in

Note:

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

The FCP Brazil plug-in enables you to calculate the Fundo de Combate à Pobreza (FCP) tax on the purchases and sales of goods. FCP is an additional tax rate on the ICMS tax.

The following table summarizes the plug-in requirements and capabilities.

Plug-in Implementation

FCP Brazil

Tax Code's Internal Name

FCP_BR

Requires Parent Tax Determination Rules

No

Requires Parameter Types

Yes

Requires a CST code.

For more information, see Parameter Types for Brazil.

Supports Tax Basis and Tax Override

Yes

Adds Expenses

Yes

Adds shipping and handling costs, as well as expenses included in the Expenses subtab, to the tax calculation basis.

Changes the Tax Calculation Basis

Yes

Adds the IPI tax amount to the FCP tax calculation basis if:

  • The tax determination rules record has a parent.

  • The parent tax determination rules have tax determination settings with an IPI tax code with the standard internal name.

Records Tax Calculation History

No

Related Topics

General Notices