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Manage a tax rate change

Learn how to handle changing tax rates.

Tax rate changes

Whenever a tax rate changes, you'll need to update your items and existing transactions to use the new rate. However, if you use preconfigured rates or you're a new user setting up a tax rate for the first time, the new rate will be added to your list of taxes automatically.

The following list of scenarios will help you determine where you need to update your rate.

Situations affected by tax rate changes

For detailed information on how a tax rate change affects you, visit the website for your tax agency.