Sales Tax for Drop Purchases

Lisa
Lisa
  • Updated

RECUR may charge sales tax on NFTs purchased with fiat payments in primary drops in applicable jurisdictions. Using your RECUR Wallet during the checkout process or a credit or debit card is considered a fiat payment. The tax rate is calculated depending on which payment method you use, and your billing or other informational details associated with the payment method.

If you have additional questions regarding sales tax on your transaction, please don’t hesitate to submit a request and we’d be happy to help!