Formula to calculate Canadian taxes

[EagleAD]

I'm struggling to figure out a formula for Canadian Taxes.  We now have to include taxes in our product prices on Etsy.  So I need the formula to calculate what I have to remit to the gov. Here's an example of the info I get from Etsy.  What I'm trying to do is that the first column says "AB" to calculate the tax rate of 5% and return that amount in another column on the same row.  If it reads "ON" return the $49.99 x 13% and so on for each row for each appropriate tax rate.  Is there a way of doing this?

AB	T9K 2C5	Canada	CAD	$119.99
ON	L4M6Z8	Canada	CAD	$49.99
ON	L6M0Z4	Canada	CAD	$119.99
AB	T8R 1B3	Canada	CAD	$59.99
ON	M1N1y6	Canada	CAD	$99.50
NS	B0M 1S0	Canada	CAD	$104.99
AB	T1W 2C3	Canada	CAD	$89.99
ON	L0R1H1	Canada	CAD	$69.99
ON	P3B 1X6	Canada	CAD	$109.99
AB	T5r2h7	Canada	CAD	$49.99
ON	N2A 3G7	Canada	CAD	$69.99

[#2]

@EagleAD Best to create a lookup table with all the tax rates per state and then use VLOOKUP or XLOOKUP is your Excel version supports it. But you could also use LOOKUP . See attached. Several possible solutions in it.

By the way, I just made up something for NS.

[#3]

Thanks for the help! With your guidance and a bit of google, I ended up using the IFS formula: =IFS(M4="ON",".13",M4="AB",".05",M4="BC",".12",M4="MB",".12",M4="SK",".11",M4="QC",".14975",M4="NS",".15",M4="NB",".15",M4="NL",".15",M4="PE",".15",M4="NT",".05",M4="NU",".05",M4="YT",".05",TRUE,"0") Too many variable for the =IF command. This covered every province and excluded anything not in Canada. I then take the result and multiply it by the cost of the product column. Thanks again for your help.

[#4]

@EagleAD Your choice to do it that way, but I would use a look up table. And, by the way, why did you put the tax rates between quotes? That turns them into texts. Although Excel will interpret them as a number as soon as you do some arithmetic with them, better to use numbers from the start.

[#5]

I have to point out I'm a novice at formulas. Thanks for pointing out the "Quotes" turning them into Texts. I tried your solution with the lookup function but kept getting an error. I was messing something up in the formula which is pretty straightforward. Your help is much appreciated!

[#6]

@EagleAD Did you figure it out or do you still need help?

[#7]

@Riny_van_Eekelen I Think I'm good now.  Your help was very much appreciated.