MM1079-01508 - Add a StoreCurrency FormattingThere 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 TaxAllows you to specify state tax calculation.Shopper Selected Sales TaxAllows 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 DescriptionUS Formats U.S. currencyGeneric Can format any currencyEuropean Formats European currency