PIS, COFINS, and CSLL retention
PIS, Cofins, and CSLL are federal contributions that exist only when your company is classified as Presumed Profit.
- PIS is an abbreviation for Social Integration Program, a social welfare contribution with the objective of financing, among other social programs, unemployment insurance.
- Cofins means Contribution to Finance Social Security, a contribution to the Public pension, social assistance and health.
- CSLL refers to the Social Contribution over the Net Profit, a contribution to support Social Security, which aims to protect citizens on their rights related to health, retirement and unemployment situation.
To define these rates for your company, follow these steps.
- Open My Company.
- Click the Standard Tax Definition tab.
- Change the information in the fields PIS Perception, Cofins Perception, and/or CSLL Perception.
- Click Save.
These three perceptions are paid alongside the single Federal Incomes Collection Document – DARF. For this reason, there is only a single field totaling the values in the OnBalance detailed retention calculation window.
Notes
- These withholdings do not exist if your company is classified in the Tax Schema of MEI or National Simple.
- With OnBalance, your accountant can easily configure this data for you. Click here for more information.