OnlyFans faces bigger tax bill after losing legal battle over revenues

Australia News News

OnlyFans faces bigger tax bill after losing legal battle over revenues
Australia Latest News,Australia Headlines
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Florida Lawyer Accused of Blowing $840K in Clients’ Money on OnlyFans, DrugsFlorida 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.
Read more »

Angela After Dark: Sexual education on OnlyFans?Angela After Dark: Sexual education on OnlyFans?The OnlyFans app is apparently putting people on game for having a better sex life. However, Dr. Angela Jones warns against relying on the platform.
Read more »

Boring Company boss may have played part in Twitter layoffs: reportThe boss of Elon Musk's Boring Company called Twitter managers to ask about employee performance just days before 200 people were laid off, report says
Read more »

13 undervalued stocks to buy in a recession: top-1% fund managerThese 13 beaten-down stocks offer a 'margin of safety' from a possible credit shock, according to a top-1% fund manager
Read more »

Twitter staff's Google Chat was disabled before new layoffs: reportTwitter employees' Google Chat service was disabled without explanation before the new round of layoffs, report says
Read more »

OKX seizes 2M USDT linked to market manipulationOKX seizes 2M USDT linked to market manipulationCELT token's sharp price fluctuations triggered inquiries from users, leading to an investigation by OKX and a restitution plan.
Read more »



Render Time: 2025-03-03 00:52:51