Assigning an OSS Nexus to a Company or Subsidiary
To let NetSuite calculate the correct tax to apply to OSS transactions, you need to select an OSS nexus for each subsidiary that supplies goods and services to B2C customers in the EU. You can have only one nexus per subsidiary.
If an EU subsidiary is registered for OSS, you can change its OSS registration country after three years. Non-EU subsidiaries can change their OSS nexus each quarter.
In NetSuite, you can't delete an OSS nexus if there are OSS transactions linked to it, but you can switch to a different OSS nexus anytime.
If you edit an OSS transaction after changing your OSS nexus, NetSuite will use the new nexus's tax codes on new transaction lines. Some actions may replace all existing tax codes on the transaction with the one. You should only change a subsidiary’s OSS nexus after all periods are closed so you don't change the tax codes on existing transactions.
Assigning an OSS Nexus
To assign an OSS nexus to a subsidiary:
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Go to Setup > Company > Subsidiaries.
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Click the Edit link of the subsidiary.
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Check the MOSS Applies box.
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In the OSS Nexus field, select the country where you're registered for OSS. Only EU nexuses associated with this subsidiary are available in the dropdown list. You can only select one OSS nexus per subsidiary.
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Click Save. Saving the subsidiary record triggers the automatic provisioning of the OSS tax codes, tax control accounts, and tax types by the International Tax Reports SuiteApp if it's installed in your account. See OSS Tax Codes, Tax Types, and Tax Control Accounts.
Changing the OSS Nexus
If you change your OSS registration country, you can also change your OSS nexus in NetSuite.
In NetSuite, you can't delete an OSS nexus if it's linked to OSS transactions, but you can switch to a different OSS nexus anytime.
If you edit an existing OSS transaction after changing your OSS nexus, when you save the transaction, NetSuite will use the tax codes of the new nexus on new transaction lines. Some actions may replace all existing tax codes on the transaction with the new tax code. You should only change a subsidiary’s OSS nexus after all periods are closed to avoid changing the tax code on existing transactions.
If your subsidiary's outside the EU, after you select a Master State of Identification (OSS Nexus), you shouldn't change it in the current year or for the next two years. Before you change the OSS nexus on a subsidiary record, close all past periods and generate the OSS report.
See Assigning an OSS Nexus to a Company or Subsidiary.
To change the OSS nexus of a subsidiary:
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Make sure all past tax periods with OSS transactions are closed.
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Generate the OSS tax return.
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Go to Setup > Company > Subsidiaries
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Click the Edit link of the subsidiary.
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In the OSS Nexus field, select a new OSS nexus.
If you want to change a subsidiary back to a non-OSS registration, clear the OSS Nexus field and the OSS Applies box.
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Click Save.
Changes to the OSS Nexus field are saved on the System Notes subtab of the subsidiary record.