tabletopaudio
patreon
Sales Tax Update
🕑 Added 2020-05-31 16:48:53 +0000 UTCGreetings Patrons,
Sorry for this terribly dull post. As most of you know, Patreon is being mandated to collect sales tax from certain states and countries to comply with local laws. These changes will go into effect July 1st and will have very little impact.
The good news is, that I'm allowed to "tag" what, if anything, I offer as taxable. As the majority of what I produce is free for everyone - i.e. the content on tabletopaudio.com, It leaves only the occasional additional content that is taxable. Since each tier has the exact same benefits, I have therefore tagged them as follows:
- General Support - 90% (not taxable)
- Bonus Content - 10% (taxable in about half of locations).
Basically, the vast majority of Patrons will be paying a few extra cents. For example, on a $5 per month pledge, based on the above split, only 50 cents would be taxable. In the U.S., sales tax ranges from 4% to 11%, so this would mean between 2 cents and 5 cents go to sales tax.
Whether or not you will be charged sales tax depends on your location, and what is considered taxable there. 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’m working closely with Patreon to ensure I’m able to save you as much money as possible when it comes to sales tax - which is not something that’s possible with other platforms.
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, but I wanted to make sure you were aware of these changes way ahead of July 1st when they go into effect.
If you have questions, you should be able to find answers here. If you still have questions, the best place to get an answer is from Patreon’s customer support team, here. And of course you can always contact me directly.
And now I'm going to go back to making sounds!
Thank you all, as always, for your continuing support.
Best,
Tim
Comments
My 2¢ will be used for state-sponsored baking!
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Thanks for taking the time and effort for the detailed heads up, even if it probably won't have a large effect for most people. It's appreciated! :)
