kamenriderhime

Sales Tax Updates Coming Soon to Patreon!

Added 2020-05-29 12:20:20 +0000 UTC

Hey everyone! I wanted to let you know that Patreon has told creators that they are implementing some sales tax changes to pledges soon. It looks like these changes go into effect on July 1, and they won't be affecting everyone, just certain regions. Here's some of the info they gave me to give to you about it!

"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."

I've already made some changes to the settings on my end to try and help Patreon accurately determine what the sales tax should be on my pledges, in an effort to hopefully save you guys some money! With any luck, you won't be prying into your Gama-chans too much over this!

Patreon is going to send out an email to everyone soon that will probably further explain these changes, so keep an eye out for that in your inboxes soon!

Thanks for understanding, everyone! Sending you out those big old hugs right through the screen, as usual! ^_^

~ MH