SuiteTax
NetSuite 2026.1
2026-03-16

2026.1 Localization SuiteApps: Brazil Tax Reform, Chile GA, Singapore 2.0, Australia Bank Feeds

2026.1 ships CBS/IBS tax support for Brazil's consumption tax reform across multiple SuiteApps, makes the Chile Localization SuiteApp generally available, releases Singapore Localization 2.0.0 with IRAS e-filing, and updates Australia Bank Feeds to 3.0.0 with a staggered import schedule.

Affects:SuiteTaxSuiteTax Latam Engine - Brazil Records SuiteAppBrazil Certification Tax Authorities SuiteAppBrazil Localization SuiteAppBrazilian Hub SuiteAppBrazil Reports SuiteAppChile Localization SuiteAppElectronic Invoicing SuiteAppElectronic Bank Payments SuiteAppSingapore Localization SuiteApp 2.0.0Australia Bank Feeds SuiteApp 3.0.0E-Document TemplatesItem recordsCountry Tax Reports

This 2026.1 release note bundles seven localization SuiteApp updates. The dominant theme is Brazil's consumption tax reform (CBS/IBS), which touches four separate SuiteApps. Chile Localization moves to GA, Singapore Localization hits 2.0.0 with direct IRAS e-filing, and the Australia Bank Feeds SuiteApp ships a 3.0.0 with a new import scheduler. Oracle's source is light on technical specifics (no script IDs, no record internal IDs, no governance figures), so most verification will need to happen post-install in a sandbox.

Brazil: CBS and IBS Tax Reform Support

Brazil is rolling out two new consumption taxes: Contribuição Social sobre Bens e Serviços (CBS) and Imposto sobre Bens e Serviços (IBS). 2026.1 adds support across the Brazil stack, but coverage is partial and you need to know which SuiteApp covers which scenario.

SuiteTax Latam Engine - Brazil Records

  • New tax codes and tax types for CBS and IBS.
  • New tax plug-ins for CBS and IBS calculation (see Oracle's SuiteTax Latam Engine Plug-ins for Taxes on Goods and Services from Brazil).
  • New parameter types for tax classification codes (cClassTrib). Only codes starting with 000, 200, and 410 are supported in this release. Anything else will not calculate.
  • New Nomenclatura Brasileira de Serviços (NBS) and consumption operation indicator (cIndOp) codes that you associate with service codes.
  • Calculates CBS and IBS on both goods and services.

Brazil Certification Tax Authorities

The predefined e-document templates for NF-e (goods), NFS-e (services), Barueri (SP) NFS-e, and Nacional São Paulo (SP) now emit XML elements for the tax reform. Same constraint: only cClassTrib values beginning with 000, 200, or 410 are emitted. Updated templates ship for both certification and cancellation flows. If you've cloned or customized any of these templates, your customizations will not automatically receive the new XML — you'll need to re-fork or merge.

Brazil Localization

Both NF-e and NFS-e generated through Brazil Localization can now include CBS/IBS amounts and cClassTrib values, but only if your e-document template has the appropriate XML tags. Update templates per Oracle's Creating Outbound E-Document Templates for Brazil.

Brazilian Hub

  • Generates NFS-e with CBS and IBS amounts.
  • Generates NF-e only for transactions with cClassTrib 410.
  • Does not calculate CBS/IBS on goods — services only.
  • Adds CBS/IBS tax codes and tax types in SuiteTax-enabled accounts.
  • Adds new subtabs on the Parametrização de Impostos Serviço record for CBS/IBS service setup.
  • Adds new item record fields to associate NBS, operation indicator (IndOp), and cClassTrib codes with items.

Custom Transaction for Brazil Tax Payments

If you use the Brazil Reports SuiteApp, you can now create tax bill transactions to register payment of ICMS, ICMS ST, ICMS DIFAL, FCP, FCP ST, IPI, ISS, PIS, and COFINS. Tax bills are automatically pulled into the relevant SPED files. The release note doesn't say whether this is a new custom transaction type or an extension of an existing record — verify the internal ID before scripting against it.

Chile Localization SuiteApp — Generally Available

The Chile Localization SuiteApp is now GA on the SuiteApp Marketplace. It is a shared and managed SuiteApp and is SuiteTax-only, OneWorld-only. Bundled features:

  • Electronic Invoicing for Chile — SII-compliant e-documents. Requires the Electronic Invoicing SuiteApp installed first. SII catalogs are stored as custom records; Chile-specific custom fields capture catalog values; a field-mapping tool maps standard NetSuite fields to SII Catalog values. Default integration is with Gosocket as the technological vendor. PDF templates included.
  • Electronic Bank Payments for Chile — Templates for Santander, Citibank, and Banco de Crédito e Inversiones. Requires the Electronic Bank Payments SuiteApp.
  • Financial Reports for Chile — Libro diario, Libro mayor, Diccionario de cuentas, Libro de compras especial/mensual, Libro de ventas especial/mensual/rectifica, Libro de honorarios, Reporte de 8 columnas, Balance de comprobación.
  • Exchange Rate Integration — USD→CLP and UF→CLP rates auto-fetched from the Central Bank of Chile and written into the standard Currency Exchange Rates record.

Singapore Localization SuiteApp 2.0.0

  • New tax code property: Non-Regulation 33 Exempt Supplies. Transactions using a tax code with this flag are excluded from the Regulation 33 Exempt Supplies category. If you have any saved searches, workflows, or scripts that bucket exempt supplies, review them.
  • GST F5 Return e-filing: direct submission to IRAS from NetSuite. Previously was generation-only.
  • GST F8 Return: new — generate and e-file from Reports > Tax > Country Tax Reports.
  • New Singapore PO and SO PDF/HTML templates compliant with IRAS rules: foreign currency, multiple tax codes, customer accounting requirements.

Australia Bank Feeds SuiteApp 3.0.0

This is a scheduling change, not an API change.

  • First import is staggered between 8:00 AM and 9:00 AM AEST.
  • Subsequent imports run every two hours until 3:00 PM AEST.
  • Failed imports retry after 45 minutes.
  • Manual import is still available from the SuiteApp UI.

If you have any scheduled scripts, map/reduce jobs, or saved searches that assume bank feed data lands at a specific time, recheck their dependencies.

What to do

  1. Brazil customers: Inventory your cClassTrib codes against the supported set (000, 200, 410). Anything else won't calculate or won't appear in XML — flag it now and check Oracle docs for ETA on broader support.
  2. Brazil customers using custom e-doc templates: Re-fork or merge from the updated predefined templates (NF-e, NFS-e, Barueri SP, Nacional São Paulo) to pick up CBS/IBS XML tags. Custom clones will not auto-update.
  3. Brazilian Hub users: Populate the new NBS, IndOp, and cClassTrib fields on item records. If you load items via CSV, REST (/services/rest/record/v1/inventoryItem, etc.), SOAP, or SuiteScript N/record, update your mappings — internal field IDs are not in the release note, so introspect them in a sandbox after install.
  4. Brazil goods on CBS/IBS: Brazilian Hub does NOT calculate CBS/IBS on goods. Use SuiteTax Latam Engine - Brazil Records for that path.
  5. Chile go-live: Confirm SuiteTax + OneWorld prerequisites. Install Electronic Invoicing SuiteApp first, then Chile Localization. For bank payments, install Electronic Bank Payments first. Plan a Gosocket integration test in sandbox.
  6. Singapore: Audit existing tax codes for the new Non-Regulation 33 Exempt Supplies property and apply where appropriate. If you have a custom GST F5 export, decommission it in favor of native e-filing. Test F8 generation in sandbox before the next reporting period.
  7. Australia Bank Feeds: Update to 3.0.0 and re-validate any time-sensitive automation that consumed the old import cadence.
  8. Verification: Because Oracle's release note omits internal IDs, script IDs, plug-in implementation IDs, and governance costs, treat all of the above as a checklist for sandbox verification before promoting to production.

Caveats from the source

The release note is descriptive rather than technical. It does not specify: new field internal IDs, custom record IDs for SII catalogs, plug-in implementation IDs for the CBS/IBS tax plug-ins, the internal ID or record type of the new Brazil tax bill transaction, REST/SOAP schema deltas, or WSDL version impact. Confirm all of these in a 2026.1 sandbox before writing integration code.