Hello to Magento Lovers,
Last time we have seen the article to Configure Locale Option and Store Configurations in Magento 2. Now letâs move ahead and work on Tax configurations Magento 2.
When it comes to doing business, one must have to comply with country-specific business rules and taxation. But configuring such options in Magento 2 that work seamlessly is might be tricky for you if you are a newbie.
Generally, Tax rules are a combination of product class, customer class, and tax rates. Each customer is assigned to a customer tax class, and each product is assigned a product tax class. Magento 2 analyzes the shopping cart of each customer and calculates the appropriate tax according to the customer and product classes, and the region (based on the customerâs shipping address, billing address or shipping origin). So letâs dig-in and clear all your doubts related to tax configuration in Magento 2.
To simplify tax rule process rules you can also import such configuration in Magento 2.
Method 1: Enter Tax Rates Manually â Click Add New Tax Rate.
Method 2: Setup according to Tax zones and Rates.
Method 2: Import Tax Rates
On the Magento 2 Admin sidebar, navigate to Stores â> Taxes â> Tax Rules. There is an option to import as well as export tax rules using the CSV file. You can also find the same import Export Tax option under the hood of Magento 2 as Import/Export Tax Rates.
Thatâs it. Asking the Certified Magento Expert or Choosing the right Magento Development Company will always help you in a pocket-friendly way.
Stay tuned for more such Magento Tutorials.
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