4 ms·

So Kickstarter money is counted as donations, right? Does that mean that they don't have to pay sales tax on any of these preorders?

• svens_ 10y ago
  No, that's not how taxes work. At all.
• giarc 10y ago
  Kickstarter takes between 8%-10% [0]. 0 - https://www.kickstarter.com/help/fees?country=US https://www.kickstarter.com/help/fees?country=US
  • joosters 10y ago
    Surely Pebble have cut a better deal with Kickstarter...
    • giarc 10y ago
      Kickstarter takes 5%, so that piece is likely negotiable. The 3-5% is for payment processing and it seems like it is through Stripe or Braintree. Both start at 2.9% plus $0.30 per transaction but bulk pricing is available at $80,000/month (which Kickstarter definitely meets). So there is some wiggle room on both side, but this is Kickstarters profits so likely won't cut a ton of percentage points.
    • deleted 10y ago
      [deleted]