diff --git a/includes/admin/settings/views/html-settings-tax.php b/includes/admin/settings/views/html-settings-tax.php
index 7312f4bcc50..893e6437fcc 100644
--- a/includes/admin/settings/views/html-settings-tax.php
+++ b/includes/admin/settings/views/html-settings-tax.php
@@ -115,6 +115,9 @@ wp_enqueue_script( 'wc-settings-tax' );
 		</tr>
 	</tfoot>
 	<tbody id="rates">
+		<tr>
+			<th colspan="10" style="text-align: center;"><?php esc_html_e( 'Loading…', 'woocommerce' ); ?></th>
+		</tr>
 	</tbody>
 </table>