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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.
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.
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.
Good news! You don’t pay via a tax return. EA deducts the 5% automatically during each transaction.
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