New Patreon Sales Tax starts July 1st (Patreon)

TL;DR:

1.-By law, Patreon will be charging Sales Taxes in some pledges starting on July 1st 2020.

2.- This affects some USA States and countries that are passing new tax laws regulating online sales. Thus it won´t affect the EU and many other coutries, and there will be some US states that won´t be implementing this for the time being.

3.- Patreon released a sales tax tools, wich helped me to adjust the benefits, so I can help you save as much money as possible.

Hey there,

During this month Patreon updated us with the new Sales Tax Patreon will be implementing on July 1st. 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. This won´t affect EU (VAT) and many other countries.

According to Patreon, "less than a half of the Patrons will be charged sales tax, and for most it´ll be a small ammount. 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."

During this month I have been working with Patreon´s sales tax tools to ensure I’m able to save you as much money as possible when it comes to sales tax.

If you´re affected with Sales Tax you should be getting an e-mail by Patreon by June 1st, informing you about the new Sales Tax regulations.

If you have questions, I´ll be happy to provide some answers, or you can check Patreon FAQ: https://support.patreon.com/hc/en-us/articles/360043054911#talktopatrons

Thank you very much for your support,

Negg.-