YouTube has told its content creators and partners that they need to prepare for paying US taxes on their earnings – even if they live and work elsewhere. The already beleaguered video creators are taking it poorly.
The video platform, owned by Google, actually updated its terms of service to tax US creators shortly after the 2020 election, but the change went largely unnoticed in the uproar about censorship. On Tuesday, however, YouTube announced that the taxes will soon be taken out of earnings by creators outside the US.
Taxes will be deducted from earnings derived from US viewers through “ad views, YouTube Premium, Super Chat, Super Stickers, and Channel Memberships,” the platform said.
MORE: https://on.rt.com/b3fj
Follow us on Telegram https://t.me/rtintl / https://t.me/rtvisual
The video platform, owned by Google, actually updated its terms of service to tax US creators shortly after the 2020 election, but the change went largely unnoticed in the uproar about censorship. On Tuesday, however, YouTube announced that the taxes will soon be taken out of earnings by creators outside the US.
Taxes will be deducted from earnings derived from US viewers through “ad views, YouTube Premium, Super Chat, Super Stickers, and Channel Memberships,” the platform said.
MORE: https://on.rt.com/b3fj
Follow us on Telegram https://t.me/rtintl / https://t.me/rtvisual
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