I Just Hit $100k/year On GitHub Sponsors

Re:I Just Hit $100k/year On GitHub Sponsors by yason on Tuesday June 23, 2020 @01:31PM (#23617266)

Interestingly, while you can't be donated money in Finland people can certainly and rather freely give gifts to another person. It's even tax-free as long as gifts from one person remain under 4000€ for any consecutive three years.

Surely gettings lots of monetary gifts from foreign friends would probably not hold during a tax audit (they'd accuse you of trying to evade taxes unless you could provide a plausible reason why all these people would be sending you gifts) but it's an interesting counter-example nevertheless.

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Re:I Just Hit $100k/year On GitHub Sponsors by thw0rted on Friday July 03, 2020 @09:06AM (#23723621)

I just commented above, but isn't this actually what's happening? I mean, isn't giving something of value to someone, and expecting nothing in return, the textbook definition of a "gift"? This feels more and more like something is getting lost in translation.

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Re:I Just Hit $100k/year On GitHub Sponsors by jsnell on Tuesday June 23, 2020 @02:38PM (#23618292)

The restriction isn't on receiving donations. It's on soliciting donations from the public.

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Re:I Just Hit $100k/year On GitHub Sponsors by tylerhou on Tuesday June 23, 2020 @02:10PM (#23617869)

(Not saying one country is better than the other but) in the US, there are no taxes on gifts until you gift more than $11 million in your life. If you go above $15,000 in any calendar year, you do have to notify the government, though.

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Re:I Just Hit $100k/year On GitHub Sponsors by thaumasiotes on Tuesday June 23, 2020 @04:18PM (#23619678)

> It's even tax-free as long as gifts from one person remain under 4000€ for any consecutive three years.

Not something to be impressed by; gifts are tax free in the US under $15,000 per one year.

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