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What is a Compound Variable tax?

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You can add a compound tax where Tax Type and Value are specified based on the region.
Consider this example. The default Tax Value for all regions is 5%, the USA is 10%, India & Sri Lanka is 7%. But for New York, it is not specified. Since the Tax Value for New York is not specified, during the creation of any of the Inventory records, if the region is New York, then the default Tax Value, i.e., 5%, will be applied to it. 

In the below example, Tax Value 5% can be changed depending on the region. 
To know more about Tax Management, click here.



 

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