Metal Complex
patreon
PLEASE READ! PATREON UPDATES!
🕑 Added 2020-05-06 21:14:26 +0000 UTCPatreon is introducing changes that are outside of my control as a creator. I wanted to be transparent, and inform everyone of these changes. Copied and pasted directly from an email they just sent me:
(FROM PATREON DIRECTLY)
_________________________________________
We know that taxes are stressful regardless of the circumstance, but right now is extra tough timing. We’re letting you know now, far in advance of this change taking affect, to give you plenty of time to feel informed, and to notify your patrons directly if you wish. Patreon will also notify all impacted Patrons on June 1st.
HERE'S WHAT YOU NEED TO KNOW:
We estimate that less than half of all patrons will have sales tax added to their pledge, and for most of them, the amount will be relatively 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 a patron will be taxed depends on where they live (not where you are located), what benefits you offer, and what’s taxable in the patron’s location. Tax rates and laws about what is taxable vary from place to place.
- Patreon will automatically detect what’s in your tiers based on keywords, and apply the right tax rate for each patron’s location, so you don’t need to take any action and sales tax will be handled.
_________________________________________
Thanks all! - MC
Comments
Metal Complex
👍👍👍
Gregory Burke
There are only two things which are inevitable in this world: death and taxes.
