Try:
jQuery:
$('#tax').change(function() {
var $first = $('table').find('tr').find('td:nth-child(5)'),
$second = $('table').find('tr').find('td:nth-child(6)'),
$v = $(this).val();
$first.hide();
$second.hide();
if ($v == 'tax-one') $first.show();
else if ($v == 'tax-two') $second.show();
});
HTML:
<select id="tax" class="form-control tax">
<option value="tax-none" selected="selected">No</option>
<option value="tax-one">1 Tax</option>
<option value="tax-two">2 Taxes</option>
</select>
<hr />
<table>
<tbody>
<tr><td></td><td></td><td></td><td></td><td>Tax 1</td><td>Tax 2</td></tr>
<tr><td></td><td></td><td></td><td></td><td>Tax 1</td><td>Tax 2</td></tr>
<tr><td></td><td></td><td></td><td></td><td>Tax 1</td><td>Tax 2</td></tr>
<tr><td></td><td></td><td></td><td></td><td>Tax 1</td><td>Tax 2</td></tr>
<tr><td></td><td></td><td></td><td></td><td>Tax 1</td><td>Tax 2</td></tr>
</tbody>
</table>