MM1079-01 50 8 - Add a Store Currency Formatting There are three options for formatting currency. Generic VAT This is value added tax that is used to
calculate federal excise taxes for U.S.
products. This VAT is not used for
European VAT tax calculation.
Canadian VAT The value added tax used to calculate
tax for Canada.
State Based
Sales Tax
Allows you to specify state tax
calculation.
Shopper Selected
Sales Tax
Allows the shopper to select a method for
tax calculation.
German VAT This is value added tax used to calculate
tax for European countries.
Formatting Type Description US Formats U.S. currency Generic Can format any currency European Formats European currency
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