James_D_Fawkes
patreon
About Taxes
🕑 Added 2020-05-29 01:31:50 +0000 UTCSo there's something new going on fairly soon about sales tax. I admit, some of it went over my head, so I'm afraid I can't really explain all of it to you.
The gist of it is this: patron tiers will now be charged sales tax during every payout, effective...July 1st, to my understanding. So there's still about a month before this really goes into effect. The amount of sales tax will depend on each patron's location and tier. Generally, it won't be much different than paying a sales tax when you go to the store and buy something, so there won't suddenly be a huge jump in cost. For most of you, it should be less than a dollar, probably even less than $0.50. Like I said, some of this goes over my head, because what benefit has what value wasn't super clear and I'm not an accountant.
If you have any questions... Well, I'll direct you to the FAQ section, because I don't really have any answers. What I can tell you is that the Patreon team should be emailing all of you with the relevant information in about a week.
Keep an eye on your inboxes.
