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New to NetSuite | Advanced Taxes: Understanding US Tax Preferences and Settings

edited Jul 28, 2025 4:54PM in Advanced Accounting & OneWorld

After exploring additional tax aspects related to Advanced Taxes in our previous article, we will now delve deeper into various tax preferences and the specific settings required to facilitate an accurate tax lookup for the US nexus.

There are various types of preferences available when configuring taxes for different nexuses. For more information, please refer to the relevant SuiteAnswers articles listed below:

  • 8054Setting Tax Preferences for U.S.
  • 18755Setting Tax Preferences for Canada
  • 18766Setting Tax Preferences for VAT/GST Nexus

Tax preferences can be set at Setup > Accounting > Taxes > Set Up Taxes. This is how the Set Up Taxes Page looks like with multiple Nexuses:

Clarisa De Torres | Ask a Guru

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