Taxes
The taxes for Coopy will be variable, however, the intention is to get to a point where the business is self-funding, at which point the taxes will remain at zero.
The maximum* taxes will be as follows:
BUY TAX – 5%
SELL TAX – 5%
Since we will be operating COOPY as a company, and we are implementing revenue share within our model, the full taxes will be used for project development and operational costs.
Depending on the overall cashflow at the time, and the volume, will determine specifically where the money will be routed to, however, it will be split for company costs to assist in furthering the scope of the project.
For example:
Marketing
Investing in projects
Required Salaries
*Please note that these figures are the maximum taxes for the lifespan of the project. It MAY be deemed appropriate to implement anti-bot measures for the actual launch of the Coopy token which may temporarily change the above tax structure. However, this will be determined closer to launch and will be articulated to every investor, and this document updated to ensure investors do not “get stung.”*
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