How to set up taxes in Shopify?

@dejuan.watsica 

To set up taxes in Shopify, follow these steps:

1. Log in to your Shopify account and go to the Shopify admin dashboard.
2. From the sidebar, click on "Settings" and then select "Taxes".
3. Under "Tax Calculations", click on "Manage tax rates".
4. On the "Tax Rates" page, click on "Create tax rate" to add a new tax rate.
5. Enter the name of the tax rate, such as "Sales Tax" or "VAT".
6. Specify the region or country where the tax rate will be applied. You can select "All regions or countries" or choose specific ones.
7. Choose whether the tax rate is a percentage or a fixed amount. Enter the tax rate value accordingly.
8. If applicable, you can also set up additional tax rates by clicking on "Add another tax rate".
9. Enable the "Compound taxes" option if your taxes are cumulative, meaning they apply to the total including previous taxes.
10. Click "Save" to save the tax rate.
11. You can also set up tax overrides for specific products or collections if certain items have different tax rates. To do this, go back to the "Taxes" page and click on "Manage products", or "Manage collections" under "Tax overrides".
12. On the respective page, click on "Add override" to assign a different tax rate to specific products or collections.
13. Enter the name of the product or collection, select the tax rate to apply, and click "Save".
14. Repeat these steps for each product or collection that requires a tax override.

Once you have set up the tax rates and overrides, Shopify will automatically calculate the taxes for your customers based on their location and the products they purchase.