Avalara announced the acquisition of the tax content, determination, and compliance technology for Brazil from information and technology consulting company SuitePlus.
Florianopolis, Brazil-based SuitePlus built its localization module for NetSuite to help international businesses meet requirements of Brazil’s complex business environment.
“Brazilian taxes are some of the most complicated in the world for businesses to process accurately and efficiently,” stated Avalara founder and CEO Scott McFarlane. “Our agreement with SuitePlus allows Avalara to address this complexity both within and outside of Brazil. It’s the latest addition to our global compliance cloud platform, and will soon be integrated into more than 400 major ERP systems, accounting packages, ecommerce shopping carts, as well as POS systems and mobile platforms worldwide.”
Avalara plans to immediately integrate and maintain SuitePlus’ extensive federal, state and city Brazilian tax content and determination capabilities into its global compliance cloud platform, joining more than 100 other countries. Avalara will also provide returns preparation, filing and remittance throughout Brazil.
“As a leading provider of cloud-based sales tax automation services, Avalara is the ideal complement for our technology and expertise” stated Rodrigo Zerlotti of SuitePlus. “Brazil has clear need for a single solution to drive accuracy across all tax areas. Avalara is now the company that can meet that demand.”
“Brazil has a highly complex, multi-jurisdictional tax system,” stated McFarlane. “This acquisition will help Avalara better serve the needs of our partners and clients.”
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