sunrisecity
patreon
EN/ Patreon Sales Tax
🕑 Added 2020-05-29 17:42:20 +0000 UTCHi everyone!
We talked about it briefly in the last Weekly News: Patreon is going to change its taxes.
Let's start with the information given by Patreon:
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.
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.
If you have questions, you should be able to find answers here.
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As for us, we had planned to rework the tiers and the rewards even before we knew all this. So we're going to do our very best to make sure that you're impacted as little as possible by these new taxes.
Since the taxes depend on the nature of the rewards, please let us know in the comments, on Discord or in a private message, what you think of the rewards that are offered in the current tiers. Are they interesting to you? Do you find any of them obligatory? Some unnecessary? All your feedback will help us make the right choices.
We'll keep you informed of any developments about new taxes and our new tiers.
In the meantime, a huge thank you for your support!
-Sunny & Zack
