How to setup inventory items with different VAT rates

I'd like to know the best way to setup inventory items that can have multiple VAT rates, dependant on the final destination (ship-to) location. We currently have an upgraded eTax configuration and this has inventory items associated to Tax Classification codes of, for example, STD (CH, SE, UK) - RED (BE,DE,NL). This means that if the items is sold to a customer in UK, Standard UK VAT is charged. The same item can be sold to a customer in Belgium and Reduced BE VAT is charged. I'm now creating a complete new tax configuration for the holding company (new regime,