Sorry this was a long post.
Jul 20, 2022 speculation post about taxes on Patreon funds if she spends in violation of association rules.
Fanny has little to no boundaries in her own life and I think she has the same lack of respect for legal rules that would prevent her from using designated association funds in an unauthorized manner. I would not be surprised if her accounts are a total shitshow and that she has co-mingled personal and association funding monies, and has blurred the lines between personal indulgences and restoration funding and the accounts from which such expenses would be paid.
IMHO, Fanny has a long-standing and well known inability/ refusal to follow rules and manage funds, so much that her mother had to have Fannys spending overseen by others. Yet, despite her inability to manage money and her excessive spending sprees, she failed to have a financial advisor to monitor the association accounts and her spending.
This is not Fanny being an airhead, disorganized, free spirited, or flaky. Despite her past conduct/ history in failing to manage money properly and rein in her out of control spending, she and Mummy knowingly did not appoint or hire someone with financial experience to oversee Fannys/the associations spending, etc. Why would they fail to do so?
IMHO, because rules don’t apply to the little orphan princess and she wanted to make sure she could use the association monies freely whenever and however she wanted as a tax free piggy bank with no oversight. And as usual, I would surmise that she wildly and inappropriately overspent, and most likely failed to follow association guidelines, probably co-mingled funds with non association accounts, etc.
Having the tax free association saves Fanny from paying approx (my super rough guesstimate based upon adding up her monthly Patreon income for 2021 and roughly applying the standard France or England tax rates for personal income on the Patreon income only ) $175,000 in taxes on the 2021 Patreon monies received alone. That is an additional $175,000 that she can spend and most likely has wasted shopping, etc.
If Fanny lost her Association status as a result of failing to follow guidelines, misleading patrons to obtain monies, etc., I do not know the applicable French or British law as to whether she would lose the tax free association status and have to pay $175,000 in taxes on the 2021 Patreon income alone. In the United States, if you lose the tax free status, it would not be unusual that taxes would have to be paid on the Patreon income Fanny had sheltered tax free in an association.
Fanny does not ever want anyone examining her hot mess accounts for the association. If she lost her tax free status with the association, she could be liable to pay as a rough guesstimate, approx, $300,000 or so in back taxes if the association was declared void or dissolved for failing to follow guidelines, etc. and taxes were applied retroactively for the entire time the association has been operating.
Fanny cannot even account for the monies she has received thru Patreon to her Patrons or viewers. Do you really think she has set aside up to $300,000 of the associations tax free funds to cover retroactive tax payments if the association was legally dissolved for her mismanagement of the funds and the tax free benefit repealed?
Fanny thinks if she just hides the accounts, she will be safe. Is this why she is day drinking?
He is always barking and lifting his leg on the wrong tree too
