SunbanDraws
patreon
Patreon Sales Tax Update!
🕑 Added 2020-05-29 19:08:53 +0000 UTC
Hey all, Sunny here!
As some of you might already know, Patreon will be implementing a sales tax. This will affect only some countries and US states, and it will affect only some types of benefits. The changes will take effect starting July 1st (so the month after the next one).
From what I've gathered so far, this tax will be minimal to none on pledges to me, so most of you probably won't notice any change. Here's a quote from the official Patreon post:
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.
Patreon is still setting this thing up so we'll have to wait to see what the actual effect is. Anyone who is affected by these taxes should receive an email from Patreon June 1st. If you don't get one you probably dodged the bullet :)
You can read more about this here or ask Patreon's support if you want to know more.
Thank you for all of your support!
