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YouTube tells foreign creators they will soon be charged American tax

rt.com

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

#131

Post by Isinlor »

systemvoltage wrote: post #118
Isinlor wrote: post #76

Earlier quoted context omitted.

Then I guess EU should do the same. Americans on YouTube should pay taxes in EU on EU ad views or YouTube should leave EU. But I think in practice EU is thinking more in direction of simply taxing global profits of tech giants.

Tax global income of a company not based in EU for doing business in the EU? Is that what you mean?

Yes, EU seems to be looking to establish rules to determine how much profit a company generated in the EU and tax that [0].

> The new rules will also change how profits are allocated to Member States in a way which better reflects how companies can create value online: for example, depending on where the user is based at the time of consumption.

Seems like currently EU is in the process of public consultations on a new digital taxation [1].

I'm not sure how the details changed since the proposal, or where they will go. But EU is certainly moving on it.

[0] https://ec.europa.eu/taxation_customs/business/company-tax/f...

[1] https://ec.europa.eu/info/law/better-regulation/have-your-sa...

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

#132

Post by martin8412 »

jgowdy wrote: post #124
sudosysgen wrote: post #110

Earlier quoted context omitted.

Sorry, but this is still insane. It makes absolutely no sense that a non-American has to pay up to 24% tax on money from American viewership, and then again pay income tax. As far as I know, there is no other countries in the world with such an insane policy. Being subject to taxes from a country you don't belong to exactly as if you lived there (these aren't sales taxes), is completely unreasonable. Remember, this i…

How is this not exactly the same as the EU putting targeted taxes on major US technology companies to stop money from leaving their market? Any time the US does something, the reaction is always strangely different than when other players like the EU do the same thing...

This is literally not even the remotely same thing.. The EU wants to tax companies earning money in the EU.. The US wants to tax people/companies in every other country around the world.

The US is one of those few countries with insane tax legislation. As a US citizen, you won't have a good time moving anywhere, because almost nobody wants to deal with US citizens because of the batshit crazy tax laws.

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

#133

Post by D13Fd »

sokoloff wrote: post #96
melomal wrote: post #88

Earlier quoted context omitted.

Remote workers will be screwed then. I've worked for companies incorporated in Switzerland and I live in Poland, why on earth would that make sense to pay Swiss tax if I live and work in PL? Also Alphabet is a Delaware incorporated company - tax haven, plus there's the good ol' tax haven of Dublin that FANGs love and Google is located in, like Facebook, Amazon, insert other multi-billion turnover company. For anyone…

Many companies are incorporated in Delaware because it has a highly functioning secretary of state and court system. It's not at all a tax haven, having a state corporate tax rate that's around the 6th highest of the 50 states.

This. You incorporate in Delaware not because it's a tax haven, but because they have the most developed corporate law of any state, and the chancellor/vice chancellors on the Delaware Court of Chancery are without a doubt among the best judges on corporate issues that you will find anywhere in the world.

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

#134

Post by systemvoltage »

bitcharmer wrote: post #119
systemvoltage wrote: post #112

Earlier quoted context omitted.

Except that Google is an American company.

OP just argued that the reason why Google abides to US law is because it's a US company. Their actions however show they abide to whichever laws are more convenient for them.

That makes sense to me. Which actions show they’re violating any law in any country?

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

#135

Post by sandworm101 »

kevinventullo wrote: post #128
sandworm101 wrote: post #101

Earlier quoted context omitted.

Tax law 101: You cannot turn a transaction for a product into a pair of "gifts" between the parties. Where both parties are subject to contracts for services or payments, there are no gifts. Similarly, all "gifts" from employers to employees are considered non-gift income. A car given to an employee as a "gift" is income to the employee and a taxable deduction by the employer. See Duesenberg (I'm trying to find the c…

Stream donations aren’t really a transaction, though. The streamer is under no obligation to even respond to a donor, and certainly there is no employer/employee relationship.

Is the streamer a listed/registered charity? If not, then donations are presumed to be taxable income.

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

#136

Post by Ajedi32 »

ricardobeat wrote: post #114
Ajedi32 wrote: post #78

Earlier quoted context omitted.

YouTube makes money from Spanish YouTube Premium subscribers and Spanish companies buying ad slots. Spanish YouTubers make money from YouTube.

YouTube is operated by Google Ireland Limited, which is not in the US, so your base argument is flawed...

I don't know which Alphabet subsidiary the payments to creators actually come from, but YouTube itself is headquartered in San Bruno, California; not Ireland.

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

#137

Post by melomal »

bushbaba wrote: post #103
melomal wrote: post #88

Earlier quoted context omitted.

Remote workers will be screwed then. I've worked for companies incorporated in Switzerland and I live in Poland, why on earth would that make sense to pay Swiss tax if I live and work in PL? Also Alphabet is a Delaware incorporated company - tax haven, plus there's the good ol' tax haven of Dublin that FANGs love and Google is located in, like Facebook, Amazon, insert other multi-billion turnover company. For anyone…

Should google pay tax to Poland for ad rev sales made in Poland? This is no different.

You do know that they are incorporated in Dublin too, right alongside all the tech companies - because it's a tax haven.

https://www.irishtimes.com/business/economy/explainer-google...

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

#138

Post by xxpor »

sudosysgen wrote: post #110
tristanj wrote: post #85

This RT article is clickbait and spreading misinformation. The tax is on revenue generated from users in the US, not on all revenue. If creators provide no tax information at all, only then will YouTube tax all global revenue. And YouTube is not doing so by choice, they're a US headquartered company and forced to do this to comply with US tax law. RT is highlighting tweets that are spreading misinformation. For examp…

Sorry, but this is still insane. It makes absolutely no sense that a non-American has to pay up to 24% tax on money from American viewership, and then again pay income tax. As far as I know, there is no other countries in the world with such an insane policy. Being subject to taxes from a country you don't belong to exactly as if you lived there (these aren't sales taxes), is completely unreasonable. Remember, this i…

>As far as I know, there is no other countries in the world with such an insane policy.

This is inherent in being the most powerful country in the world. The US has the ability to do it, so why wouldn't they? You're not a US citizen, so the federal government cares even less about abstract fairness than they usually do.

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

#139

Post by gruez »

westpfelia wrote: post #66
gruez wrote: post #52

Earlier quoted context omitted.

How is that screwed up? Unemployment income is still income. It works the same way in canada as well[1]. I get why it sounds stupid on the surface (ie. why is the government giving you money, then asking to give a portion back?), but it makes sense if you think about it. Otherwise unemployment disproportionately benefits high income earners because it's tax-free. [1] https://www.canada.ca/en/revenue-agency/news/2021/…

I think people think its messed up because most people are using the very little money they are given just to not be evicted or buy food. No one is saving it. So the idea that people will be able to cover it in taxes is... well honestly laughable.

Well I guess the alternative would be to withhold part of the stimulus/unemployment checks. That would result in less surprises come tax time, but it also means less money paid out (the amount withheld is basically a interest-free loan from the government).

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

#140

Post by amscanne »

sharpneli wrote: post #130
sandworm101 wrote: post #86

Earlier quoted context omitted.

"we will soon be updating our Terms of Service where your earnings from YouTube will be considered royalties from a U.S. tax perspective (we’ve already made this change to the Terms of Service for U.S. creators in November). This may impact the way your earnings are taxed, and as required by U.S. law, Google will withhold taxes." So you will have to file a tax return and get the money back just like every other incom…

Can you even file an US tax return if you don't have any presence in the US? How do they even identify you if you don't have US SSN?

There are many different ways other than an SSN: https://www.irs.gov/individuals/international-taxpayers/taxp...
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