mrpeculiart
patreon
Important Sales Tax Shit
🕑 Added 2020-05-16 21:43:05 +0000 UTCI'm too lazy to write this all out myself so I'm just going to copy and paste what they want me to let you guys know. Thank you guys again for your continued support!
Hi everyone,
I wanted to give you an update on some changes that we’ll be seeing which may affect some of your pledges. Due to new laws passing in several countries and US states, Patreon will be required to start charging sales tax on some pledges starting July 1st.
Less than half of all patrons will be charged sales tax, and for most, the amount will be very small. For example, sales tax rates in the US range from 4% to 11%, so on a $5 pledge, that would be between 20 cents and 55 cents.
Whether or not you will be charged sales tax depends on your location, and what is considered taxable there. Not every pledge is taxable, not all benefits are taxable in every location, and sometimes only a fraction of a pledge will be taxable. The money that Patreon collects as a result of these laws are paid directly to local governments.
I’m working closely with Patreon to ensure I’m able to save you as much money as possible when it comes to sales tax - which is not something that’s possible with other platforms.
If you’re in a location where sales tax will be required, you should expect to receive an email from Patreon with more information about this very soon, but I wanted to make sure you were aware of these changes way ahead of July 1st when they go into effect.
If you have questions, you should be able to find answers here. If you still have questions, the best place to get an answer is from Patreon’s customer support team, here.
Thank you for all of your support.
Comments
bikkuri
I'm from Germany/EU already have to pay 19% VAT since patreon is an american (?) website.
flou
support is free from taxes, there is list of taxable items in the link
blackskye
I don't think they have it right. Sales tax is for goods and services. Many of the people here take payment as a donation. They do drawings, make music, etc. for free and accept payment as a donation. Some accounts may be eligible for sales tax, but applying sales tax to some might be illegal(?).
Beredore2
I live in NH, so I don't have to worry about that. Nice!
