# Deployer Tax Wallet

{% hint style="info" %}
When you configure a tax allocation (such as a percentage of each transaction being collected as a fee), the funds collected from this tax need to be sent somewhere. The "Wallet Address for Tax" field allows you to define where these funds should go.
{% endhint %}

<figure><img src="/files/8yLH7JPHgg3Q2IIqzNSd" alt=""><figcaption></figcaption></figure>

### How It Works

When you create a new token and decide to implement transaction taxes (like buy/sell taxes), you need to decide what happens to the collected taxes. This could be for various purposes such as funding development, supporting the token's ecosystem, or donating to a cause.

**For example:**

* **Wallet Address for Tax:** YourWalletAddressHere (for Base it begins with 0&#x78;**)**

If you’ve set up a 5% transaction tax, then 5% of every transaction will be collected and sent to the wallet address you’ve specified here. This allows you to centralize the funds collected from transaction fees, which you can then use according to your project’s needs.


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