Embark on a revealing journey into the complex world of NFTs as I shed light on the evolving impact of sales taxes for investors and collectors.
Brace yourself for a surge in purchase costs, ranging from 4% to 10% domestically and soaring to 10% to 30% for international buyers facing VAT taxes.
The once straightforward minting process has transformed into a nuanced equation involving mint price, gas price, and sales tax, reshaping how we assess the true cost of an NFT.
Use this as your guide to uncovering the hidden costs behind NFT investments, urging enthusiasts to stay informed and savvy in navigating this dynamic space. 🚀💎
