Patreon Tax? (Patreon)
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Hey everyone! Starting in July, Patreon will be required by law to apply taxes on pledges.
According to them, this will affect less than half of all patrons. And from my understanding of what Patreon says, it is anywhere from 4-11% based on location since what is taxable varies from country to country. For example, if you pledge 10$, the tax might be anywhere from 40cents to a dollar 10 cents. If this affects you, you will most likely receive an email from Patreon.
I adjusted the tax settings to most accurately reflect what I offer so Patreon can determine whether to charge the full tax amount or a percentage of it which hopefully will shave off some % for everyone.
I hope this doesn't cause anyone an immense inconvenience because we live in interesting yet scary times right now. To those who are here and those who continue to stick around, I'm grateful for your support. I feel like I say it too much but THANK YOU! I'm here because of you. And I hope you look forward to what I have in stores in the future, you won't regret it! (I hope lol)