Sales tax on Patreon pledges explained and upcoming changes
Added 2020-05-29 18:15:39 +0000 UTCHi everyone,
While working hard on the latest track, I wanted to take a moment to talk about sales tax that had already been added by Patreon by law in certain countries, particularly in Europe since 2015.
Beginning July 1st a lot of US states and other countries are also requiring sales tax or VAT being collected.
The good news is however that Patreon also now has given us creators more control of how pledges are broken down into different reward categories. This could actually result in lower sales tax for most of you going forward (with this tool I was able to select an ever higher value to "general artist support", because that might not be taxable compared to digital downloads for example)!
Here is more detailed info about these changes: https://support.patreon.com/hc/en-us/articles/360043054911
Thanks again everyone for your amazing support! :)
-Chris
