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Website running slow after updating tax configuration

We currently have a stable website on magento 2.4.6 version with Elasticsearch and Redis-server.

Websites is very responsive and fast, until we update tax configuration. When we change default tax configuration, site starts to become slower, atleast response is reduced by 2-3 seconds on each request.

Site is based for European customers, so having tax automation is essential. Any suggestions, as to why it can be happening?