7 ms·
At EU there is a tax issue so you pay money + 23% VAT. It isn't consider a gift as you a gaining something (access to page) so you need to pay tax on that. Th
by sentimentscan 3y ago
At EU there is a tax issue so you pay money + 23% VAT.
It isn't consider a gift as you a gaining something (access to page) so you need to pay tax on that.
This is one thing that bothers me with patronite and other platforms. I wish I could simply send a gift (without acces to anything) and not to pay another tax on already taxed money.
- xxs 3y agoVAT rate is EU state based (varies 16-25%), the VAT has to applied to the one's 'donating' the money state of residence, as long as there is more than 10k euro/year revenue. Many EU states tax tips as well (all the way -> VAT/corporate/income/social tax)
- robinsonb5 3y agoThe flipside of that is that Patreon handles the ugly details of making sure the right amount of VAT / sales tax is paid on transactions - and from a creator's point of view this is a big part of their value proposition. If creators had to administer that stuff on an individual basis they'd have no time left for creating.