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YouTube tells foreign creators they will soon be charged American tax

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Re: YouTube tells foreign creators they will soon be charged American tax

#11

as a normal rule I believe every dollar I pay in American tax I would then deduct from taxes in my home country, the problem is not double taxation, it is a more difficult workload. I wonder though if there would be any interesting things loopholes this whole thing would open up actually. on edit: actually if I was to try to do something with YouTube given this rule I would probably want to incorporate before creatin…

This heavily depends on the tax agreement your country has with the US.

Re: YouTube tells foreign creators they will soon be charged American tax

#14
post #9

Will the tax money be used for war?

Tax money is not bound to specific things, but goes into the budget. From that budget the DOD and military are financed. As are all other activities by the U.S. government.

Re: YouTube tells foreign creators they will soon be charged American tax

#15
That seems like a potentially risky move from YouTube. Won't every other country now demand that they do the same for them?

This is going to be extremely confusing for creators. I can't imagine anyone but the very largest YouTubers being able to handle getting taxed in multiple countries and figure out what exactly they need to pay at home.

Actually, the large YouTubers may be better of simply demonetizing they videos and just sell sponsored videos and embedded ads directly.

Re: YouTube tells foreign creators they will soon be charged American tax

#16
post #6

Is youtube really worth it at this point? You can publish using activity pub now and most youtubers are funded by patreon and paid sponsors anyway.

I think YT's discovery and reach is - and will be for some time - unparalleled for a lot of types of content?

Re: YouTube tells foreign creators they will soon be charged American tax

#17
post #7

as a normal rule I believe every dollar I pay in American tax I would then deduct from taxes in my home country, the problem is not double taxation, it is a more difficult workload. I wonder though if there would be any interesting things loopholes this whole thing would open up actually. on edit: actually if I was to try to do something with YouTube given this rule I would probably want to incorporate before creatin…

Deduct or expense? The later is almost for sure, the former not so sure.

I'd imagine most content creators come from countries that have tax treaties with the US.

Re: YouTube tells foreign creators they will soon be charged American tax

#18
post #6

Is youtube really worth it at this point? You can publish using activity pub now and most youtubers are funded by patreon and paid sponsors anyway.

>Is youtube really worth it at this point?

I'm not sure there are many video platforms with as much reach as youtube has.

I'll admit as a user I often ignore video links that aren't youtube because of the kludgy experiences on other video sites...

Re: YouTube tells foreign creators they will soon be charged American tax

#19
post #17
post #7

Earlier quoted context omitted.

Deduct or expense? The later is almost for sure, the former not so sure.

I'd imagine most content creators come from countries that have tax treaties with the US.

Tax treaties are not simple. Doesn't mean you won't get double taxed

Re: YouTube tells foreign creators they will soon be charged American tax

#20
post #16
post #6

Is youtube really worth it at this point? You can publish using activity pub now and most youtubers are funded by patreon and paid sponsors anyway.

I think YT's discovery and reach is - and will be for some time - unparalleled for a lot of types of content?

I haven't "discovered" any new channels from youtube in years. Reddit is better at steering me toward content that I want to consume.
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