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MakerDAO has paid a total of $1.5 million in stamp duty to Switzerland on its RWA assets

MakerDAO has paid a total of $1.5 million in stamp duty to Switzerland on its RWA assets

CointimeCointime2023/11/08 15:45
By:Cointime

MakerDAO has paid a total of $1.5 million in stamp duty for its RWA assets to Switzerland. The stamp duty for offshore entities in Switzerland is 15 basis points, resulting in $750,000 in stamp duty for MakerDAO's $500 million investment. When these assets are sold in the future, another $750,000 will be paid in stamp duty. (DL News)

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