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What is tax exemption?
Modified on: Dec 27, 2023

In numerous countries and jurisdictions globally, taxes are applied to sales and purchases, including those involving items listed on Playswap.

Playswap may handle the collection and remittance of sales commission taxes on behalf of sellers to meet tax obligations. If you qualify for tax exemption, you can submit your exemption certificates to Playswap. It's advisable to seek guidance from your tax advisor or contact your state's Department of Revenue for specific policies, as regulations vary across countries and regions.

Even if Playswap is not mandated to collect taxes on your transactions, you might still need to independently file and pay taxes to your state or local tax authority. For further details, it's recommended to consult with your tax advisor.

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