OnlyFans faces bigger tax bill after losing legal battle over revenues

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OnlyFans lost a legal battle meaning it's likely to pay UK sales tax on all the money made by its content creators

OnlyFans should pay tax on the full amount earned by content creators, Europe's highest court has ruled after its owner challenged a decision by Britain's tax body.

In July 2020 OnlyFans appealed the ruling to a UK court, which sought advice from the Court of Justice of the European Union on how EU law applied to the issue.

 

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They already had the money put aside.

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Florida Lawyer Accused of Blowing $840K in Clients’ Money on OnlyFans, DrugsHe stole at least $840,000 from clients that he used to spend on drugs, Ubers and OnlyFans, among other things, the Pinellas County Sheriff’s Office said Monday. He’s been charged with multiple counts of grand theft and money laundering. Has this guy never heard of pornhub? Sounds about right for Florida 😂 He was in Florida and had drugs... What in the world did he need only fans for?
Source: thedailybeast - 🏆 307. / 63 Read more »