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MP 1159 - Exclusion of ICMS from PIS and COFINS tax basis

in E-Business Tax (MOSC) 1 comment

Oracle On Premises R12

Hello community!

We have a new calculation method related to PIS and COFINS running in Brazil.

Started last 05/01/2023 this new rule changed the PIS and COFINS credit calculation scenario, where the calculation basis do not consider the ICMS credit value.

I want to know if we have some package release to update this calculation method, following the example occurred in JDE platform.

We have a giant risk to be penalized by the government if we keep posting the entry invoices without this new calculation method.

Thanks in advance.

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