Create or update a component of VAT rate (or sales tax / GST / etc. rate, depending on what taxation is used in the particular country).
To delete tax component, see deleteVatRateComponent.
The following call can be used only if the "City, county and state tax rates" module has been enabled on your account.
|Parameter name||Description||Possible value||Required|
|vatRateComponentID||Required for editing an existing component.||Integer|
|vatRateID||Parent tax for this component. Required when creating a new component.||Integer|
|name||VAT rate name. Use either general parameter "name" or one or more of the following parameters if you need to set the names in specific languages.||String|
|rate||VAT / tax rate
Make sure that the component tax rates, when added up, equal the total parent tax rate. Eg. if state tax is 5%, county tax is 3% and city tax is 0.75%, make sure that you set
|type||Corresponding VAT component type. Component must belong into one of 4 fixed categories, and it rarely makes sense to define two components that share the same category.
Following the US sales tax model, the categories are:
|vatRateComponentID||Integer||ID of the newly-created or updated item|