If a token has a 5% buy tax and you buy $1,000 worth, $50 is taken by the contract and only $950 worth of tokens reaches your wallet. Purpose:
Are you researching this for or real estate auctions? Purchase Tax (Commencement) Order, 1940 - Hansard buy tax
In real estate, "buying tax" often refers to or tax deeds at auction. If a token has a 5% buy tax
High taxes can discourage high-frequency bot trading and quick "pump and dump" schemes. 1940 - Hansard In real estate
In some "reflection" tokens, the tax is redistributed to existing holders as a reward for holding.
