diff --git a/src/taxonomy/TaxonomyListPage.jsx b/src/taxonomy/TaxonomyListPage.jsx
index 9a1e69ffd..8f991fbfd 100644
--- a/src/taxonomy/TaxonomyListPage.jsx
+++ b/src/taxonomy/TaxonomyListPage.jsx
@@ -1,19 +1,69 @@
 import React, { useContext } from 'react';
 import {
+  Button,
   CardView,
   Container,
   DataTable,
+  Dropdown,
+  OverlayTrigger,
   Spinner,
+  Tooltip,
 } from '@edx/paragon';
+import {
+  Add,
+} from '@edx/paragon/icons';
 import { useIntl } from '@edx/frontend-platform/i18n';
 import { Helmet } from 'react-helmet';
 import SubHeader from '../generic/sub-header/SubHeader';
 import getPageHeadTitle from '../generic/utils';
 import messages from './messages';
 import TaxonomyCard from './taxonomy-card';
+import { getTaxonomyTemplateApiUrl } from './data/api';
 import { useTaxonomyListDataResponse, useIsTaxonomyListDataLoaded, useDeleteTaxonomy } from './data/apiHooks';
 import { TaxonomyContext } from './common/context';
 
+const TaxonomyListHeaderButtons = () => {
+  const intl = useIntl();
+  return (
+    <>
+      <OverlayTrigger
+        placement="top"
+        overlay={(
+          <Tooltip>
+            {intl.formatMessage(messages.downloadTemplateButtonHint)}
+          </Tooltip>
+        )}
+      >
+        <Dropdown>
+          <Dropdown.Toggle
+            variant="outline-primary"
+            data-testid="taxonomy-download-template"
+          >
+            {intl.formatMessage(messages.downloadTemplateButtonLabel)}
+          </Dropdown.Toggle>
+          <Dropdown.Menu>
+            <Dropdown.Item
+              href={getTaxonomyTemplateApiUrl('csv')}
+              data-testid="taxonomy-download-template-csv"
+            >
+              {intl.formatMessage(messages.downloadTemplateButtonCSVLabel)}
+            </Dropdown.Item>
+            <Dropdown.Item
+              href={getTaxonomyTemplateApiUrl('json')}
+              data-testid="taxonomy-download-template-json"
+            >
+              {intl.formatMessage(messages.downloadTemplateButtonJSONLabel)}
+            </Dropdown.Item>
+          </Dropdown.Menu>
+        </Dropdown>
+      </OverlayTrigger>
+      <Button iconBefore={Add} disabled>
+        {intl.formatMessage(messages.importButtonLabel)}
+      </Button>
+    </>
+  );
+};
+
 const TaxonomyListPage = () => {
   const intl = useIntl();
   const deleteTaxonomy = useDeleteTaxonomy();
@@ -37,12 +87,6 @@ const TaxonomyListPage = () => {
   };
   const { taxonomyListData, isLoaded } = useTaxonomyListData();
 
-  const getHeaderButtons = () => (
-    // Download template and import buttons.
-    // TODO Add functionality to this buttons.
-    undefined
-  );
-
   const getOrgSelect = () => (
     // Organization select component
     // TODO Add functionality to this component
@@ -59,7 +103,7 @@ const TaxonomyListPage = () => {
           <SubHeader
             title={intl.formatMessage(messages.headerTitle)}
             titleActions={getOrgSelect()}
-            headerActions={getHeaderButtons()}
+            headerActions={<TaxonomyListHeaderButtons />}
             hideBorder
           />
         </Container>
diff --git a/src/taxonomy/TaxonomyListPage.test.jsx b/src/taxonomy/TaxonomyListPage.test.jsx
index 17c95034e..c7a634d29 100644
--- a/src/taxonomy/TaxonomyListPage.test.jsx
+++ b/src/taxonomy/TaxonomyListPage.test.jsx
@@ -5,7 +5,7 @@ import { AppProvider } from '@edx/frontend-platform/react';
 import { act, render, fireEvent } from '@testing-library/react';
 
 import initializeStore from '../store';
-
+import { getTaxonomyTemplateApiUrl } from './data/api';
 import TaxonomyListPage from './TaxonomyListPage';
 import { useTaxonomyListDataResponse, useIsTaxonomyListDataLoaded } from './data/apiHooks';
 import { TaxonomyContext } from './common/context';
@@ -84,6 +84,24 @@ describe('<TaxonomyListPage />', async () => {
     });
   });
 
+  it.each(['CSV', 'JSON'])('downloads the taxonomy template %s', async (fileFormat) => {
+    useIsTaxonomyListDataLoaded.mockReturnValue(true);
+    useTaxonomyListDataResponse.mockReturnValue({
+      results: [{
+        id: 1,
+        name: 'Taxonomy',
+        description: 'This is a description',
+      }],
+    });
+    const { findByRole } = render(<RootWrapper />);
+    const templateMenu = await findByRole('button', { name: 'Download template' });
+    fireEvent.click(templateMenu);
+    const templateButton = await findByRole('link', { name: `${fileFormat} template` });
+    fireEvent.click(templateButton);
+
+    expect(templateButton.href).toBe(getTaxonomyTemplateApiUrl(fileFormat.toLowerCase()));
+  });
+
   it('should show the success toast after delete', async () => {
     useIsTaxonomyListDataLoaded.mockReturnValue(true);
     useTaxonomyListDataResponse.mockReturnValue({
diff --git a/src/taxonomy/data/api.js b/src/taxonomy/data/api.js
index f7fdf447c..95a675ba4 100644
--- a/src/taxonomy/data/api.js
+++ b/src/taxonomy/data/api.js
@@ -18,6 +18,10 @@ export const getExportTaxonomyApiUrl = (pk, format) => new URL(
   `api/content_tagging/v1/taxonomies/${pk}/export/?output_format=${format}&download=1`,
   getApiBaseUrl(),
 ).href;
+export const getTaxonomyTemplateApiUrl = (format) => new URL(
+  `api/content_tagging/v1/taxonomies/import/template.${format}`,
+  getApiBaseUrl(),
+).href;
 export const getTaxonomyApiUrl = (pk) => new URL(`api/content_tagging/v1/taxonomies/${pk}/`, getApiBaseUrl()).href;
 
 /**
diff --git a/src/taxonomy/data/api.test.js b/src/taxonomy/data/api.test.js
index 3b83dd1b2..b95ed9a57 100644
--- a/src/taxonomy/data/api.test.js
+++ b/src/taxonomy/data/api.test.js
@@ -5,10 +5,10 @@ import { getAuthenticatedHttpClient } from '@edx/frontend-platform/auth';
 import { taxonomyListMock } from '../__mocks__';
 
 import {
-  getTaxonomyListApiUrl,
   getExportTaxonomyApiUrl,
-  getTaxonomyListData,
   getTaxonomyExportFile,
+  getTaxonomyListApiUrl,
+  getTaxonomyListData,
   getTaxonomyApiUrl,
   deleteTaxonomy,
 } from './api';
@@ -26,6 +26,7 @@ describe('taxonomy api calls', () => {
         roles: [],
       },
     });
+
     axiosMock = new MockAdapter(getAuthenticatedHttpClient());
   });
 
@@ -44,14 +45,6 @@ describe('taxonomy api calls', () => {
     window.location = location;
   });
 
-  it('should get taxonomy list data', async () => {
-    axiosMock.onGet(getTaxonomyListApiUrl()).reply(200, taxonomyListMock);
-    const result = await getTaxonomyListData();
-
-    expect(axiosMock.history.get[0].url).toEqual(getTaxonomyListApiUrl());
-    expect(result).toEqual(taxonomyListMock);
-  });
-
   it('should get taxonomy list data with org', async () => {
     const org = 'testOrg';
     axiosMock.onGet(getTaxonomyListApiUrl(org)).reply(200, taxonomyListMock);
@@ -68,7 +61,7 @@ describe('taxonomy api calls', () => {
     expect(axiosMock.history.delete[0].url).toEqual(getTaxonomyApiUrl());
   });
 
-  it('should set window.location.href correctly', () => {
+  it('Export should set window.location.href correctly', () => {
     const pk = 1;
     const format = 'json';
 
diff --git a/src/taxonomy/messages.js b/src/taxonomy/messages.js
index 0a60c4725..ace08d33d 100644
--- a/src/taxonomy/messages.js
+++ b/src/taxonomy/messages.js
@@ -9,6 +9,18 @@ const messages = defineMessages({
     id: 'course-authoring.taxonomy-list.button.download-template.label',
     defaultMessage: 'Download template',
   },
+  downloadTemplateButtonCSVLabel: {
+    id: 'course-authoring.taxonomy-list.button.download-template.csv.label',
+    defaultMessage: 'CSV template',
+  },
+  downloadTemplateButtonJSONLabel: {
+    id: 'course-authoring.taxonomy-list.button.download-template.json.label',
+    defaultMessage: 'JSON template',
+  },
+  downloadTemplateButtonHint: {
+    id: 'course-authoring.taxonomy-list.butotn.download-template.hint',
+    defaultMessage: 'Download example taxonomy',
+  },
   importButtonLabel: {
     id: 'course-authoring.taxonomy-list.button.import.label',
     defaultMessage: 'Import',