Yes.
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Yes. Tax settings should be reviewed regularly to ensure they remain accurate and compliant with current tax laws and business operations.
Regular reviews help merchants:
Apply the correct tax rates
Update tax registrations and jurisdictions
Account for changes in products or services
Adjust for changes in tax laws or regulations
Reduce the risk of undercharging or overcharging tax
In Shopify, reviewing tax settings periodically helps ensure taxes are calculated correctly and the store remains compliant as the business grows or regulations change.