# Buy/Sell Tax

## Buy Tax:   **11**%

**6%** =>  Automatically Add to LP and Forward to LP Wallet - Locked Weekly - Burns Quarterly\
&#x33;**%** =>  Marketing Wallet\
&#x32;**%** =>  Reflections to Holders in $CHAR

## Sell Tax:   **11**%

**6%** =>  Automatically Add to LP and Forward to LP Wallet - Locked Weekly - Burns Quarterly\
&#x33;**%** =>  Marketing Wallet\
&#x32;**%** =>  Reflections to Holders in $CHAR

## Taxes FAQs:

### => How does the 11% buy/sell tax work?

***Let's use an example to clarify:***\
\
\=> An investor buys 100 $CHAR tokens\
\=> Investor receives 89 $CHAR tokens due to the 11% tax\
\=> 11 total tokens are sent to the contract\
&#x20;  \* 6 tokens are automatically sent to LP Wallet\
&#x20;  \* 3 tokens are sent to the marketing wallet.\
&#x20;  \* 2 tokens are distributed to the token holders, based on the percentage of the total tokens that the holder owns.&#x20;

### => Is there a transfer tax for moving my $CHAR wallet to wallet?

Yes.  Due to the nature of blockchain technology and how smart contracts work, every transfer of $CHAR tokens from one wallet to another will incur the 11% tax.  Please note this before moving things around!

&#x20;
