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Patreon Legally Required to Collect Tax - July 1
🕑 Added 2020-06-02 00:22:50 +0000 UTCHi All!
Many of you may already know this, but recent changes to law mean Patreon has to now start collecting taxes / VAT / GST on pledges as of July 1, 2020. :/
Just in case anyone wasn't aware, if you do see a higher deduction than normal, that's likely why.
Here is some more information for anyone who wants to read up on it:
https://support.patreon.com/hc/en-us/articles/360043055071-New-Sales-Tax-Requirements-on-Patreon
We've got some instructions on our end that we'll be working to follow, as well!
Thanks!!
DD & DD
