> For the complete documentation index, see [llms.txt](https://dawksmemes.gitbook.io/dawk/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://dawksmemes.gitbook.io/dawk/contract-tokens/buy-sell-taxes.md).

# Buy/Sell Taxes

## What are the taxes for the project?

➡️Buy Tax 2%

{% hint style="success" %}
**BUY Tax will be set at 2%**

🟢 2% of buy taxes will be used for marketing/promotions
{% endhint %}

➡️Sell Tax 10%

{% hint style="danger" %}
**SELL Tax will be set at 10%**

🟢 1% of sell taxes will be set a side for the members of the Meme Machine (DAO), this will consist of a voting system on how to use the funds accumulated.

🟢 1% of sell taxes will be used to add to the LP

🟢 1% of sell taxes will be used for prizes/competitions

🟢 2% of sell taxes will be used to reward token holders (Ranking System)

🟢 5% of sell taxes will be used for marketing/promotions
{% endhint %}

{% hint style="info" %}
The end goal is to set 0% Buy/Sell taxes and renounce contract with community control through the [DAO](/dawk/usecase/dawks-dao.md) voting structure.
{% endhint %}