How to Create A New Tax Class For Newly Created Tax Group?

To open TaxClass view, go to menu Master > TaxClass There are some predefined TaxClasses available with different Tax List.
To Create new Tax Class: Click on the toolbar button New.

Name: Enter the name for Tax Class.
Description: Enter any details or descriptions related to the Tax Class. Click on the Add button and add All Billing Group and Bill Classifications for that new created tax Group
1.Billing Groups: select the Billing group.
2.Billing Classifications: select the Billing Classifications.
3.Tax Groups: select the Some TaxGroup you have created.
Tax List: Select a Tax List with appropriate Billing Groups, Billing Classifications, and Tax Groups.
Press Apply/Ok to complete the action.