Setting Tax Assessment Preferences for a Brazilian Subsidiary (Brazilian Hub SuiteApp)
You can set the subsidiary’s tax assessment preferences on the Apurações subtab.
To set a subsidiary’s tax assessment preferences:
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Go to BRHub > Informações Complementares > Subsidiária.
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Click Edit next to the subsidiary complementary record you want to edit.
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Click the Apurações subtab.
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If the company adopts the Lucro Presumido tax regime, fill the following fields:
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In the Atividade Lucro Presumido Venda field, select the economic activity performed by the subsidiary related to goods.
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In the Atividade Lucro Presumido Serviço field, select the economic activity performed by the subsidiary related to services.
These fields are required to issue the EFD Contribuições report.
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In the Regime de Apuração PIS/COFINS field, select the tax assessment regime for PIS/COFINS in accordance with the subsidiary’s tax regime:
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If the company adopts the Lucro Presumido tax regime, select Cumulativo.
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If the company adopts the Lucro Real tax regime, select Não Cumulativo.
These fields are required to issue the EFD Contribuições report.
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If you want to account the ISS tax due by the company in each expense transaction, check the Contabiliza o ISS Devido a Cada Transação box.
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In the Regime de Reconhecimento de Receitas field, select the revenue recognition framework the subsidiary uses for PIS/COFINS assessment:
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For PIS/COFINS of cummulative regime, select Regime de Caixa or Regime de Competência.
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For other assessments, select Regime de Competência.
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In the Regime de Apuração ICMS, select the tax assessment regime for ICMS.
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Click Save.
Related Topics
- Setting Up the Informação Complementar da Subsidiária Record (Brazilian Hub SuiteApp)
- Setting Up Tax Calculation for a Brazilian Subsidiary (Brazilian Hub SuiteApp)
- Defining Electronic Invoicing for Goods Preferences for a Brazilian Subsidiary (Brazilian Hub SuiteApp)
- Defining Electronic Invoicing for Consumers Preferences for a Brazilian Subsidiary (Brazilian Hub SuiteApp)
- Defining Electronic Invoicing for Services Preferences for a Brazilian Subsidiary (Brazilian Hub SuiteApp)
- Setting Up Tax Benefits Calculations for a Brazilian Subsidiary (Brazilian Hub SuiteApp)
- Entering Profits or Losses Records for a Brazilian Subsidiary (Brazilian Hub SuiteApp)
- Setting Bookkeeping Preferences for a Brazilian Subsidiary (Brazilian Hub SuiteApp)
- Entering Information Related to the SIMP System (Brazilian Hub SuiteApp)
- Enabling GNRE Generation for a Brazilian Subsidiary (Brazilian Hub SuiteApp)
- Enabling CNAB Features for a Brazilian Subsidiary (Brazilian Hub SuiteApp)