Mexico Tax Topics

The Mexico Localization SuiteApp provides custom fields, records, validations, and other customizations for Mexican businesses to comply with tax in Mexico.

NetSuite provides the following Mexico tax audit files:

• Mexico DIOT File (Mexico Localization) -Using the Tax Audit Files SuiteApp, you can generate the DIOT file in the format prescribed by the Mexican tax authority.

• Mexico Electronic Accounting Files (Mexico Localization) – Using the Tax Audit Files SuiteApp, you can generate the Mexico Electronic Accounting Files in the format prescribed by the Mexican tax authority.

  For accounts with SuiteTax enabled, use the Tax Reporting Framework SuiteApp to generate the Mexico Electronic Accounting Files.

NetSuite provides value added tax (VAT) and withholding tax tracking and reporting for businesses in Mexico. The tax code properties required for Mexico tax codes are provided by the International Tax Reports SuiteApp. For withholding taxes, you must install the Withholding Tax SuiteApp if you use an account without SuiteTax.

In accounts that have SuiteTax enabled, the SuiteTax Engine and SuiteTax Data Records SuiteApps provide the VAT tax type and tax codes for Mexico.

For information about Mexico tax codes, read the following topics:

• Mexico Tax Codes

  • Mexico Tax Code Table (for Accounts without SuiteTax)

  • Mexico Tax Code Table (for Accounts with SuiteTax)

To begin using tax features, set your tax preferences:

• Mexico Tax Preferences (for Accounts without SuiteTax)

• Mexico Tax Preferences (for Accounts with SuiteTax)

For information about how tax codes are used for the Mexico DIOT File, see:

• Tax Code Mapping for Mexico DIOT File (Mexico Localization SuiteApp)

General Notices