RETEIVA Colombia Plug-in

The RETEIVA Colombia plug-in enables you to calculate the Retención en la Fuente por IVA (RETEIVA) tax on the sales of goods and services.

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

Plug-in Implementation	RETEIVA Colombia
Tax Code's Internal Name	RETEIVA_CO
Requires Parent Tax Determination Rules	No
Requires Parameter Types	No
Supports Tax Basis and Tax Rate Override	Yes
Adds Expenses	No
Changes the Tax Calculation Basis	Yes Considers the IVA tax amount as the tax calculation basis if: The tax determination rules has settings with the IVA as Tax Basis parameter. The tax determination rules record has a parent. The parent tax determination rules have tax determination settings with an IVA tax code with the standard internal name.
Records Tax Calculation History	No