New Sales Tax Requirements on Patreon (Patreon)

New sales tax requirements are coming to Patreon in the near future. Here is summarized information of the changes taken from the original post:

"On May 6th, 2020 Patreon announced that we are being required by law to start adding sales tax to more patron pledges starting on July 1st, 2020. This affects patrons in parts of the US and 17 other countries.

Whether or not you will pay sales tax as a patron depends on where you are located, and what benefits the creators you support are providing. The laws and tax rates in effect in your country of residence will be applied whenever you pay a creator money through Patreon, whether that’s monthly or per thing, if the benefits offered are taxable in your location. 

If Patreon is charging sales tax in your location, you will see an additional line item on your receipt for sales tax starting July 1st. Since tax laws and rates vary from country to country and state to state, the amount will be different for different patrons. The money that Patreon collects as a result of these laws will be paid directly to your local government, and there are no fees on this portion of your payment."

If you wish to read the original post in full and learn more about this, you can do so from here. 

Thank you for your continued support!