what is SuiteTax?

AI generated answer (using internal Slack threads):

SuiteTax is a framework in NetSuite designed to handle tax-related operations. It is intended to be supported by all vendors, and those who do not support it may be left behind. However, it's important to note that migrating from Legacy Tax to SuiteTax can be a complex process, especially for customers with multiple integrations and workflows. SuiteTax is designed to overcome some limitations of the legacy tax system in NetSuite, but it still has its own limitations. For instance, it may still require a third-party tax provider to send you rates in certain scenarios, such as when different products are taxed at different rates. As of the time of the conversations, SuiteTax was not widely adopted, and some users suggested waiting for further improvements before jumping on it. It was also mentioned that to enable SuiteTax, a detailed survey had to be filled out. Please note that once a transaction is associated with a subsidiary/nexus in SuiteTax, it cannot be removed. This is a system limitation and is by design for audit purposes. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******