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this is a post from princess hinghoi and i think she summarized it pretty nicely. She posted'  My greedy government wants tax from PayPal including all money that can earn from the internet and the deal with PayPal somehow ends up needing a business account instead of an individual account to receive the money as a result. This means small freelance artists will need to open the company (that could take about $3000 and many papers work to open from what i heard) just to take some $40-50 commissions. 🤦 This could end my freelance artist career along with 95% of freelancer artists in Thailand, so if you used to commissions with thai artists all of them might be gone by Feb next year. '| https://www.facebook.com/judyxnicklovelovefurrever/posts/443747210455467 |I don't think I could have said it any better. but that's the situation at where I am at the moment.  I've been pretty stress over this and I think I need to move on with the contents now.

Comments

Jagues

Oh no I hope this actually doesnt happen

Jordan P

Fuuuuuuu............

NicoH (NPSao)

That's shit. :( Also that means my money gets double taxed? Because I already pay taxes in my home country on my patreon pledges. >~<

Ameph

This is the dark timeline...

Marius8

Wow, never thought, that it is that expensive to register a business.. In Germany you can file a small business for a simple fee of 20 to 50 € depending on the city. You don't have to create an actual company for that matter. And: as long as the business makes under 9000 € per year, it's not taxed at all..

Calvin-Skye

Another selfish government move that will hinder income long term, not help it. Sorry to hear about this Meow. I hope you can find a solution!