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If you’re trying to create a managed metadata site column type on SharePoint Server 2010 Beta and it’s returning the following error:

The Taxonomy feature (Feature ID "73EF14B1-13A9-416b-A9B5-ECECA2B0604C") has not been activated.

Check this post.

Basically, you need to run the following command in the Command Prompt:

STSADM -o activatefeature -id 73EF14B1-13A9-416b-A9B5-ECECA2B0604C -url http://<server> –force

Don’t forget to change <server> to the name of your SharePoint server.

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