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Status Update: Technical Tinkering

🕑 Added 2020-07-18 13:58:38 +0000 UTC
Status Update: Technical Tinkering

Comments

RobCivecat

Yeah, I am aware of it that technically vat is based on the patron's location rather than the artist's they are supporting, It was more of a small misunderstanding. Also yeah, in the EU this has been applied since 2015 because EU laws were more clear on this, but now US law caught up with these kind of transactions too and that's why the whole "tell us how big of a percentage of the 3$ patronage is donation and how much is payment for some sort of service or merchandise." I've set a large part of it as donation in hope to clear people off VAT, but don't think it will change much

katsu47

I am from Germany and be here since November 2016 and I always must pay taxes. 19% in Germany

RobCivecat

Thank you, Greg! Yeah, its too bad. At least I can try to look into the possibilities of how to lower the costs for you guys

RobCivecat

Yeah, thanks for the heads up, LionsDen. I have been diving into the details with an accountant friend in the last few hours, to clear things up, and It seems like, setting up the tier benefits correctly its really the most I could do.

InTheLionsDen

Patrons are not being charged VAT put on by YOUR country. They are paying VAT put on by THEIR country if their country has chosen to charge tax on internet purchases and/or services.

Greg

Taxes are an inevitable part of life. We know it's not your fault.


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