Rex Krueger
patreon
A quick note on taxes
🕑 Added 2020-05-21 15:36:05 +0000 UTCFriends:
Patreon was recently ordered to start collecting local sales tax in some jurisdictions for some benefits. There's no way to avoid this, but Patreon does allow creators to adjust settings to make the tax burden as low as possible.
Since I don't give away tangible stuff, any taxes you get charged should be minimal (and will be totally based on your physical location.) Additionally, Patreon has added the category "General Support" as a benefit. This benefit should carry the LOWEST tax liability, so I've added it to each tier and assigned it the highest value possible.
As far as I know, I've done everything I can to minimize the taxes you pay while still conducting this business in a way that's ethical (and legal). If I find out about any other adjustments I can make, I'll be sure to do it right away.
Thanks for sticking with me, even as irritating stuff likes this crops up!
Okay, back to making stuff. I just finished shooting this week's video and I'm about to take it over to Nate for editing. It will be up on Saturday, just like usual.
Be well!
--Rex
Comments
Tyko Brising
It's fine another 25% is still just 50 € cents.
TwoRavens
And yet there's a tax on rentals. So you rent a car or hotel room and you pay tax on it. Buy a car, though, and they charge you a "document fee"... which is based on the sale price. Oh, Delaware...🤣
Rex Krueger
No sales tax is nice.
Rex Krueger
You're very kind!
Rex Krueger
It does NOT. YouTube deducts the taxes from my end, not yours.
Wayne Kitt
Really, Really Important Stuff!!...???
Frank
Does this also apply to your youtube channel?
Ira Romfh
All the stuff.
Ira Romfh
Dude I don’t care if they charge me a bit of tax. You are worth it 😉
Shanni Marmen
https://support.patreon.com/hc/en-us/articles/360043054911-New-Sales-Tax-Requirements-effective-July-1st-2020
Timothy Hood
Where and how do I get more information on this?
Bill Previte
Damn the man! Always in my pocket
TwoRavens
Thanks for the transparency! Seeing as I'm in a state with no sales tax, this isn't likely to affect me, but thanks all the same. 🙂
Alex Larson
Thanks for looking out for us, your patrons, Rex. Keep the great content coming!
Julian Sylvestro
So much stuff! 😐
Sean McGown
Thanks Rex. This is universal. Politicians absolutely must be paid. Because they do stuff.
Carson J. DeMan
Thanks for the update!
James Smith
Don't sweat it happy to pay for the amazing content and community you've created here.
Nathanial DePriest
I wouldn't sweat it. It will be minimal on our end. Thanks for taking the extra step and continued content.
