Re:Ask HN: Dear open source devs how do you sustain yourself
by bullen on Monday May 18, 2020 @09:10AM
(#23221838)
In Sweden gifts are tax-free, where do you live and how much tax do you have to pay on those 2$?
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Re:Ask HN: Dear open source devs how do you sustain yourself
by yaseer on Monday May 18, 2020 @10:18AM
(#23222593)
It's an interesting question (as far as tax can be interesting!), whether patreon and other contribution/donations systems count as gifts, or income from your work.
I'm sure the tax authorities would like argue it is income, if you're making $8K monthly on patreon (e.g. Dwarf fortress creators).
Re:Ask HN: Dear open source devs how do you sustain yourself
by biztos on Monday May 18, 2020 @01:06PM
(#23225158)
Patreon seems to think it's likely to be income:
https://support.patreon.com/hc/en-us/articles/207477063-Taxe...
Which makes me wonder, is there some other way to aggregate donations such that they are gifts?
Re:Ask HN: Dear open source devs how do you sustain yourself
by Someone on Wednesday May 20, 2020 @07:46AM
(#23245723)
I think most tax departments will say they are gifts, but also that gifts are income.
And “give €5 and get a sticker” might make it a sale, making it subject to VAT, too.
Re:Ask HN: Dear open source devs how do you sustain yourself
by bluGill on Monday May 18, 2020 @10:37AM
(#23222835)
In the US gifts are tax free unless someone gives you a large gift. Last I checked it was $10,000, but I believe it is around $18,000 now. Obviously this is large enough that few people care.