Stay informed about the updates applied to PeopleSoft applications to keep your organization compliant

Legislative Update for PeopleSoft Global Payroll Spain

Paul Smit
Director Product Management

As result of the publication of ORDEN FORAL 2141/2016 for Bizkaia, ORDEN FORAL 141/2916 for Navarra, and ORDEN FORAL 707/2016 for Alava , Oracle has delivered last Tax Update for 2016  (#8) containing the changes to comply with the technical requirements for the reporting of Model 190 for 2016 for those fiscal territories.
Additionally that delivery contains reaction to Royal Decree 3/2016 containing the increased on the Maximum Social Security Bases effective from January 2017. It also contains the increase on the Minimum Salary (SMI) that is the value used to determine the new minimum Social Security Bases.
The Position Statement has been revised to include more details about these legislative updates and the patch availability. We advise customers to review the position statement to keep up-to-date. The Position Statement can be found on My Oracle Support, Document ID 1520058.1.

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