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 for tax calculation in your Brazil transactions, you can add your company-specific information to the records. You can also make copies of the predefined records and set them up to fit your business needs. For example, you can:

You must also keep your tax determination rules preferences up to date to stay compliant with any regulatory or business changes. The SuiteTax Latam Engine -Brazil Records SuiteApp doesn't 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