Non inclusive tax in Brazil
Hello everyone,
I would like to now if someone here worked with non inclusive tax in Brazil, specifically in Receivables. The legislation says that taxes must be included in the price. Differently the other countries where we have the item price plus taxes, in Brazil the price to end customer has the taxes included. Eg. price $1,000.00 + 10% taxes = $1,100.00. In Brazil the price to end customer should be $1,100.00 and this is the taxable amount.
Is there some company working with non-inclusive tax in Oracle EBS?
Thanks
Rene