Patreon's Sales Tax Update on 1st of July
Added 2020-06-19 00:45:30 +0000 UTCI'm posting this as a heads up for all my patrons so you don't get caught off guard on future bills!
Here's the complete announcement they sent me: https://support.patreon.com/hc/en-us/articles/360043054911-New-Sales-Tax-Requirements-effective-July-1st-2020
I've been cracking my head the past hours trying to figure it out, and this is what I got:
Starting this semester, Patreon will be required to pay government sales taxes determined by where you live and the type of sale/reward a creator is offering (early access, digital content, etc).
The tax should probably stay in the cents, a pledge of $1.00 might charge $1.08 for example, and the 8 cents would go directly to them instead of my funds.
I still don't know where my page falls into all this since I live in Brazil and our internet doesn't have many laws, but for now I have to follow this new rule and tag my reward tiers appropriately so they can calculate the tax.
I still have some questions about this and should be emailing them about it soon. I'll update you guys again if needed! I hope this won't hinder the way this website works since it changed my life making work much better.
Stay safe everyone!
Comments
Awwwee don’t worry and if you ever wanna talk you know my Twitter ^w^
bowtherainbowwolf
2020-06-21 01:24:21 +0000 UTCThe tax will stay in cents otherwise the mark up will be 100%.
StubbieHolder
2020-06-19 14:06:37 +0000 UTCThank you Flam
Zeta-Haru
2020-06-19 02:25:10 +0000 UTCit used to be but since people have been using the site as a paywall it dragged attention to this issue and now even a sneek peak is considered "something that you're buying online"
Zeta-Haru
2020-06-19 02:24:47 +0000 UTCI mean i dont gave a problem with it but aren't these considered donations?
FeralWolf
2020-06-19 02:11:53 +0000 UTCAdjust what you need! Don’t want it to cut into your revenue
Flameber Taigen
2020-06-19 01:34:11 +0000 UTC🙏
Zeta-Haru
2020-06-19 01:07:54 +0000 UTCBe well Zeta! It’s all good.
Andrew Biederman
2020-06-19 00:55:42 +0000 UTCThank you for saying this, I was so stressed out this afternoon thinking this would make everything worse but this gives me some relief
Zeta-Haru
2020-06-19 00:53:27 +0000 UTCOh ok even if it’s a Extra few dollars I’ll still happily Support you because I love your content ^w^
bowtherainbowwolf
2020-06-19 00:48:09 +0000 UTC
