Tax authorities targeting OnlyFans creators

Tax authorities targeting OnlyFans creators

Business

Slovenia's Tax Administration plans to crack down on potentially unregistered earnings made by creators on OnlyFans, a platform best known for pornographic content, after securing transaction data for Slovenian creators for the last several years, CE Report quotes The Slovenia Times.

Several hundred residents of Slovenia are registered as creators on the platform and they have made in excess of €10 million combined in recent years. The biggest money maker made in excess of a million euros, according to the tax authority.

The Tax Administration plans to check whether all this income has been properly registered and taxed. In a statement issued on 9 December, it called on all creators to sort out their paperwork and register any unregistered earnings retroactively.

Creators have until the end of December to do that. If they self-declare any outstanding tax liabilities, they can avoid paying fines for illegal work that range between €1,000 and €26,000, or even having their assets seized.

Targeted checks will start in early 2025.

The Tax Administration says any income earned on platforms such as OnlyFans is considered gainful activity and must be taxed as such. Physical persons must pay income tax on any such earnings, and those who have companies are liable for corporation tax.

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