An update on sales tax.
Added 2020-06-30 10:18:59 +0000 UTCHi everyone <3
I wanted to give you an update on some changes that weβll be seeing which may affect some of you. Due to new laws passing in several countries and US states, Patreon will be required to start charging sales tax on some pledges starting July 1st.
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.
I still hope that youβll be staying here as a supporter and enjoying my content. Thank you for all the support so far, youβre so fu*king amazing all of you. <3
