July 1st Patreon is adding sale taxes
Added 2020-06-18 18:39:32 +0000 UTCJuly 1st Patreon is implementing sale taxes; this will affect patrons to any creator based on your individual location(s). This is something I'm warning my patrons about since it's only fair.
The only guaranteed people who won't feel the affect is people in Europe for they already have a taxation similar to it.
I want to quote something from the article btw:
" 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."
