Taxes? (Patreon)
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Well this is an incredibly boring post, but I feel like I need to do it since I don't know what it REALLY means for those of you outside the US. The good news is I have a reward for you at the end.
Basically Patreon is updating and changing some things based on new laws passing in several countries and the US. It looks like they will be charging a sales tax on some pledges starting July 1.
Less than half of all patrons will be charged sales tax, and for most, the amount will be very small. 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.
I don't know if this means you'll pay 5 bucks and it'll take 20 cents for example, or it'll charge you $5.20. I don't really know.
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.
I'm sure we'll all find out in a couple of days. But in the mean time, GOOD NEWS TIME...
Finally the printing shops are opening and the Space Buttefly shirt is on it's way to you all!
Also, more insanely - I'm in Cyberpunk 2077.
Yep. Here's a screen shot. And no, I'm not wearing pants. It's part of my quest :P
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