KrisPNatz

Patreon adding Sales Tax (Patreon)

Published:

2020-05-23 01:21:32

Imported:

2023-10

Content

HAY YAWL long time no talkkkkk (that should be changing soon tho)

basically i wanted to let yall know that starting in July Patreon (by law) is going to be required to charge patrons sales tax depending on the region in which you live.

Im currently working thru figuring out how yall specifically will be affected and from what i understand because i dont offer anything of physical value in my tiers yall shouldnt have to pay anything because its not an offered good? But again im working thru figuring this out and will update yall when i know all the details for sure

above (below?) is a video from patreon's CEO Jack Conte about the incoming potential changes in a broad sense and ill attach articles/FAQs from patreon about this below if you want to be more informed on the matter

Again sales tax wont be added (if it would even apply) until July so ill keep yall updated on this until then, patreon should be sending yall an email about this at the beginning of june according to the video

BYEEEEEEE~~~

additional links:

https://support.patreon.com/hc/en-us/articles/360043054911

https://support.patreon.com/hc/en-us/articles/360043191232?utm_source=organic&utm_medium=pendo&utm_campaign=sales_tax&content=creator_announcement

Files

Important sales tax update for creators on Patreon from CEO Jack Conte

Recently Patreon sent a heads up to creators that we’ll be required by law to start charging sales tax on some patron pledges starting July 1st, 2020. We understand that any change can be daunting and this one is about tax — no one’s favorite subject. Taxes can be an intimidating topic, so let’s get into the details and break down what’s changing. We’ll go over the context for this change and how Patreon is giving creators more control over how tax is applied to their patrons. For more: - Jack’s AMA on the Patreon Creator Community forum, Thursday May 6th, 10am - noon Pacific: https://www.patreoncommunity.com/t/sales-tax-ama/7927 - Patreon Help Center article and FAQs on sales tax: https://support.patreon.com/hc/en-us/articles/360043054911