Help Center

Help Center

Search our help center for quick answers.

What is Tax Type?

1 minute read

The field “Tax Type” lets you chose the method in which the tax is calculated for that Space. There are two options for this setting: Fixed or Variable

Fixed Tax Type

A “Fixed” tax type will allow you to charge the same percentage of tax on every transaction (i.e. 7.99% on every transaction). This amount is set by you in the Setup tab of each space under “Tax Amount”.

Variable Tax Type

A “Variable” tax type will allow you to charge a tax percentage based on the local tax rate and regulations of both the buyer and seller. This amount is automatically calculated and does not require an additional “Tax Amount” to be input in the Setup tab.


Was this article helpful?

0 found this helpful.

Can't find your answer?

We want to answer all of your questions. Get in touch and we’ll get back to you as soon as we can. Email us.

Policy questions?

Take a look at our Terms of Service and review our Privacy Policy.