FUT tax stands for Fifa Ultimate Team tax. It’s an electronic sports tax charged on any player-to-player trade by the gaming company, Electronic Arts (EA). You’re charged FUT tax when you buy and sell on EA’s game, Fifa Ultimate Team.
How much is FUT tax?
EA charges 5% tax on FUT transactions. These transactions come from selling on the FUT transfer market – and it’s important to be aware of this tax when it comes to you both selling and bidding on players.
Why have a tax on an electronic sports market?
EA charges the 5% tax to keep the market under control. Some FUT traders and coin sellers acquire the games ‘coins’ at a rapid rate, which is why they implemented a tax structure.
How do you pay FUT tax?
Good news! You don’t pay via a tax return. EA deducts the 5% automatically during each transaction.
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