General International Tax Topics

You can use NetSuite to calculate, report, and pay value-added taxes (VAT) for many countries around the world, including the countries in the European Union (EU). You can define country-specific tax codes, used to calculate and report taxes, that identify basic information such as the tax percentage and the tax agency. You can also specify VAT-specific information such as whether to exclude amounts from VAT reports and whether a tax is specific to the EU.

Read the following topics for guidance:

The following topics provide information about the tax processing elements required for administering VAT:

Before you administer VAT using NetSuite, do the following:

Note:

For information about Sales Tax, see the United States Tax Topics. For information about VAT/GST for specific countries, see the Country-specific Tax Topics.

Related Topics

Tax Accounting Overview
Advanced Taxes
Setting Up Tax Agencies as Vendors
Tax Control Accounts Overview
Tax Types Overview
Tax Codes Overview
Tax Groups Overview

General Notices