diff --git a/cms/djangoapps/contentstore/rest_api/v1/serializers/vertical_block.py b/cms/djangoapps/contentstore/rest_api/v1/serializers/vertical_block.py
index a976b4954fac..ab01a4104d05 100644
--- a/cms/djangoapps/contentstore/rest_api/v1/serializers/vertical_block.py
+++ b/cms/djangoapps/contentstore/rest_api/v1/serializers/vertical_block.py
@@ -5,6 +5,7 @@
 from django.urls import reverse
 from rest_framework import serializers
 
+from cms.djangoapps.contentstore.toggles import use_tagging_taxonomy_list_page
 from cms.djangoapps.contentstore.helpers import (
     xblock_studio_url,
     xblock_type_display_name,
@@ -110,6 +111,7 @@ def get_actions(self, obj):  # pylint: disable=unused-argument
         Method to get actions for each child xlock of the unit.
         """
 
+        can_manage_tags = use_tagging_taxonomy_list_page()
         # temporary decision defining the default value 'True' for each xblock.
         actions = {
             "can_copy": True,
@@ -117,6 +119,7 @@ def get_actions(self, obj):  # pylint: disable=unused-argument
             "can_move": True,
             "can_manage_access": True,
             "can_delete": True,
+            "can_manage_tags": can_manage_tags,
         }
 
         return actions
@@ -129,3 +132,4 @@ class VerticalContainerSerializer(serializers.Serializer):
 
     children = ChildVerticalContainerSerializer(many=True)
     is_published = serializers.BooleanField()
+    can_paste_component = serializers.BooleanField()
diff --git a/cms/djangoapps/contentstore/rest_api/v1/views/tests/test_vertical_block.py b/cms/djangoapps/contentstore/rest_api/v1/views/tests/test_vertical_block.py
index 063ba9ed5420..cd71063ab88a 100644
--- a/cms/djangoapps/contentstore/rest_api/v1/views/tests/test_vertical_block.py
+++ b/cms/djangoapps/contentstore/rest_api/v1/views/tests/test_vertical_block.py
@@ -3,8 +3,10 @@
 """
 from django.urls import reverse
 from rest_framework import status
+from edx_toggles.toggles.testutils import override_waffle_flag
 
 from cms.djangoapps.contentstore.tests.utils import CourseTestCase
+from cms.djangoapps.contentstore.toggles import ENABLE_TAGGING_TAXONOMY_LIST_PAGE
 from xmodule.partitions.partitions import ENROLLMENT_TRACK_PARTITION_ID
 from xmodule.modulestore.django import (
     modulestore,
@@ -148,6 +150,7 @@ def test_xblock_is_published(self):
         response = self.client.get(url)
         self.assertTrue(response.data["is_published"])
 
+    @override_waffle_flag(ENABLE_TAGGING_TAXONOMY_LIST_PAGE, True)
     def test_children_content(self):
         """
         Check that returns valid response with children of vertical container.
@@ -187,7 +190,8 @@ def test_children_content(self):
                     "can_duplicate": True,
                     "can_move": True,
                     "can_manage_access": True,
-                    "can_delete": True
+                    "can_delete": True,
+                    "can_manage_tags": True,
                 },
                 "user_partition_info": expected_user_partition_info,
                 "user_partitions": expected_user_partitions
@@ -201,7 +205,8 @@ def test_children_content(self):
                     "can_duplicate": True,
                     "can_move": True,
                     "can_manage_access": True,
-                    "can_delete": True
+                    "can_delete": True,
+                    "can_manage_tags": True,
                 },
                 "user_partition_info": expected_user_partition_info,
                 "user_partitions": expected_user_partitions,
@@ -219,3 +224,13 @@ def test_not_valid_usage_key_string(self):
         url = self.get_reverse_url(usage_key_string)
         response = self.client.get(url)
         self.assertEqual(response.status_code, status.HTTP_404_NOT_FOUND)
+
+    @override_waffle_flag(ENABLE_TAGGING_TAXONOMY_LIST_PAGE, False)
+    def test_actions_with_turned_off_taxonomy_flag(self):
+        """
+        Check that action manage_tags for each child item has the same value as taxonomy flag.
+        """
+        url = self.get_reverse_url(self.vertical.location)
+        response = self.client.get(url)
+        for children in response.data["children"]:
+            self.assertFalse(children["actions"]["can_manage_tags"])
diff --git a/cms/djangoapps/contentstore/rest_api/v1/views/vertical_block.py b/cms/djangoapps/contentstore/rest_api/v1/views/vertical_block.py
index a1e87e780bf3..eb042a481fd4 100644
--- a/cms/djangoapps/contentstore/rest_api/v1/views/vertical_block.py
+++ b/cms/djangoapps/contentstore/rest_api/v1/views/vertical_block.py
@@ -195,7 +195,8 @@ def get(self, request: Request, usage_key_string: str):
                         "can_duplicate": true,
                         "can_move": true,
                         "can_manage_access": true,
-                        "can_delete": true
+                        "can_delete": true,
+                        "can_manage_tags": true,
                     }
                 },
                 {
@@ -207,7 +208,8 @@ def get(self, request: Request, usage_key_string: str):
                         "can_duplicate": true,
                         "can_move": true,
                         "can_manage_access": true,
-                        "can_delete": true
+                        "can_delete": true,
+                        "can_manage_tags": true,
                     }
                 },
                 {
@@ -219,11 +221,13 @@ def get(self, request: Request, usage_key_string: str):
                         "can_duplicate": true,
                         "can_move": true,
                         "can_manage_access": true,
-                        "can_delete": true
+                        "can_delete": true,
+                        "can_manage_tags": true,
                     }
                 },
             ],
-            "is_published": false
+            "is_published": false,
+            "can_paste_component": true,
         }
         ```
         """
@@ -247,6 +251,10 @@ def get(self, request: Request, usage_key_string: str):
                 })
 
             is_published = not modulestore().has_changes(current_xblock)
-            container_data = {"children": children, "is_published": is_published}
+            container_data = {
+                "children": children,
+                "is_published": is_published,
+                "can_paste_component": True,
+            }
             serializer = VerticalContainerSerializer(container_data)
             return Response(serializer.data)