Tax Setup Overview

For most countries, the various elements used to track taxes are already included in your NetSuite account when it was provisioned to you, or automatically created when you add a nexus. However, you must define the various tax settings, by adding or editing details if necessary, to make sure that taxes are correctly calculated and tracked in the system.

NetSuite editions differ in how they handle taxes. See NetSuite Editions Overview.

For guidance on setting up tax items, tax periods, and other tax features in your account, read the following topics:

General Notices