A message from Patreon... yeah taxes :(
Added 2020-06-13 21:09:49 +0000 UTCDue 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.
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.
Comments
For a lot of other countrys this is standart for almost a year see for VAT on Patreon. You get something for your money so the country wants taxes for what you pay.
Plaron
2020-06-14 05:19:32 +0000 UTCThe sales tax in Norway is 25%... Meaning my total monthly patron expense might increase by 1/4th? That kinda stings tbh.
Ragnar
2020-06-14 01:19:04 +0000 UTCAmen to that
Alx
2020-06-13 22:35:21 +0000 UTCYou'd think Patreon has our emails and could just send us this information themselves, instead of making every single creator waste time making posts about it...
Ferawyn
2020-06-13 22:17:12 +0000 UTC
