Multiple, coexistent, indirect taxes - calculation

Tax must be controlled in these scenarios:

  • Every movement of goods operation between parties, even if it is not a sale such as accounts receivable.
  • Provision of services between parties, depending on the customer, customer address, product, and the business transaction type (CFOP).

Chile specifics

Types of indirect taxes:

  • Sales and services (VAT)
  • Luxury products
  • Alcoholic, analogous, and similar products
  • Tobacco
  • Fuels
  • Legal Acts of Stamps and Stamps
  • Foreign trade tax

How Infor meets the requirement

See the Financials Setup and Administration Guide.