FUT also known as FIFA Ultimate Team is a mode in FIFA where you can earn more players to build teams and play. Players are categorized as bronze, silver and gold. When you sell players to other teams, 5 % tax will be levied from the selling price. This online calculator is used to find the amount of tax that will be levied and the amount you will gain by selling a player is calculated.
I sell a player for 12000 gold coins, 5 % tax is levied and hence,
FUT Tax Amount = (5 / 100 ) * 12000 = 600
Total Earning = 12000 - 600 = 11400