Hi everyone,
I was informed by Patreon that, due to new laws passing in several countries and US states, Patreon will be required to start charging sales tax on some pledges starting July 1st, 2020. Who that effects, and how much it effects them, depends on the individual local laws.
In the EU this is something that’s been done for several years already, which means that for Patrons from the EU, nothing will change. For patrons from other countries, a lot might change. 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.
Patreon will handle all the corrections and will pay the taxes directly to local governements so there’s nothing you need to do.
If you want to know more about the changes, please check out Patreon’s article about this.
As ever, thank you very much for your support!