Odaily News The Terra Luna Classic community has voted to approve a new tax handling proposal that aims to simplify the tax system on the Terra Classic blockchain. This "Reverse Charge" mechanism changes the way taxes are deducted from transactions, making it easier for developers and users to use the system. The mechanism will allow taxes to be deducted directly from the transaction amount before being credited to the recipient's wallet. This change eliminates the need for senders to pay additional taxes, bringing convenience to developers and end users. In this system, taxes are deducted directly from the transfer amount, so developers of DApps and interfaces do not need to deal with complex tax management. The new tax system also supports backward compatibility, so DApps can still use sender-handled taxes as needed.