Fusion Mexico Payroll: How Statutory Option Is Calculated For ISR and State Tax?
(Doc ID 2528638.1)
Last updated on JUNE 17, 2022
Applies to:
Oracle Fusion Global Payroll - Version 11.12.1.0.0 and laterOracle Fusion Global Payroll Cloud Service - Version 11.13.20.10.0 and later
Information in this document applies to any platform.
This note was created for Release 11.13.19.01.0. The note has been reviewed and is current for release 11.13.20.10.0.
Goal
Currently working with Payroll for Mexico, when using the wizard for element (manage element tasks), you must create a new element and select a secondary classification.
Then into the second page, there are two questions that says:
1. Income tax law for Mexico is Impuesto Sobre la Renta (ISR) Taxability rule applicable to this element?
* Statutory
* Full subject
* Full Exempt
2. State taxability rule applicable to this element?
* Statutory
* Full subject
* Full Exempt
Which means is :
Full subject is subject 100%
Full Exempt is subject to 0%.
the question is:
How the statuary option is calculated? Where are the rules?
For Example Christmas bonus
♣ LISR / RISR: It is exempt until 30 times UMA
♣ State Tax. Full subject 100%
We are expecting as answer the rules for each secondary Classification.
Regards.
Solution
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