The globalisation series - how to configure tax and VAT in Magento 2
The brands we work with are often transitioning to the next stage of growth, and for many this is globalisation. These brands are meeting sales targets across local marketplaces and regional partner sites and are ready to capitalise on the demand of new overseas markets. To facilitate this growth, an international eCommerce site which is scalable, reliable and can be tailored to local shopper expectations is required.
Driving global expansion with Magento
The Magento platform is a great option for brands who are treading their toes in new territories or plan to within the next 5 years. With the ability to manage multiple International eCommerce websites and 150+ language packs available, Magento allows merchants to create authentic and localised brand experiences across multiple websites. Using a common codebase and common database for all versions which enable quick configuration and launch without developer resource.
From site design and product mix to supporting regional technologies and suppliers, Magento’s global ecosystem can also be utilised to help tailor brand experiences to local customs. But before this can begin, one of the first steps is to configure tax and VAT in the Magento admin.
Tax/VAT configuration in Magento 2
In Magento tax is based on the product tax class and customer tax and is calculated at the shopping cart. For merchants expanding globally, they can create as many customer tax classes as they need.
Chandni, an ISTQB certified QA at Two Jay clearly explains this process for other Quality Analysts, Magento Developers or Project Managers in her guide to Tax/VAT Configuration in Magento 2.