An update on sales tax
Added 2020-05-21 17:14:56 +0000 UTCHi everyone,
I wanted to give you an update on some changes that we’ll be seeing which may affect some of your pledges. 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’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.
Thank you for all of your support.
Just want to keep you informed!!!!
Suze ;-)
A video from Patreon's CEO Jack Conte on the subject...
Comments
yes, unfortunately nothing I can do...but you can always discuss with Patreon xx
This Is Suze
2020-05-25 07:41:10 +0000 UTCTis what it is
Neal Morofsky
2020-05-21 18:32:23 +0000 UTCAll my patrons in Europe have been paying this for years. So you guys in the states are only starting now! Please contact Patreon and share your feelings on this..unfortunately it's not Patreon who introduced it, it's the American government. Netflix and all of the other big companies that don't support artists and creatives all have sales tax now with this new law...
This Is Suze
2020-05-21 17:29:27 +0000 UTCLooks like the end of Patreon. Most people won't pay sales tax on internet service
Neal Morofsky
2020-05-21 17:20:37 +0000 UTC
