WorldTech & Telecoms

YouTube to tax content creators outside US

Google-owned YouTube has announced it will deduct taxes from payments to creators outside of the US.

In an email to YouTubers, the tech giant said that additional tax for non-US-based creators is going to be levied on them by as early as June 2021.

“Over the next few weeks, we’ll be asking you to submit your tax info in AdSense to determine the correct amount of taxes to deduct, if any apply. If your tax info isn’t provided by May 31st, 2021, Google may be required to deduct up to 24 per cent of your total earnings worldwide,” Google said in the email.

The move is likely to hit the YouTube creators’ community hard.

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Source
Khaleej Times

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