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Germany Tax Code for Zero Percent Rate

edited Apr 21, 2023 10:04PM in Announcements

This notice applies to customers who have installed the International Tax Reports SuiteApp and your NetSuite account has a Germany subsidiary.

What is Changing?

On May 23, 2023, the International Tax Reports SuiteApp version 3.126.0 will release the 2023 version of the Germany monthly/quarterly VAT return form with the following new boxes:

  • Box 87
  • Box 90

Details about the new boxes are in the following table: 

Required Actions

For accounts with existing Germany nexus, you must do the following after the release of International Tax Reports SuiteApp version 3.126.0:

  • Create two new 0% tax codes
  • Create new 0% tax codes for taxable supplies (Box 87) and intra-community acquisitions (Box 90) by going to the Tax Code page (Setup > Accounting > Tax Codes > New). For the procedure, see

Regards,

@Robert Nedelkow-Oracle | NetSuite Support Community Administrator

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