181–190 of 223 posts
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Nobody made any money from Spanish viewers... they made money from YouTube.
You are hellbanned btw. They are making money from Spanish viewers - Spanish YouTube premium and Spanish advert impressions.
You fundamentally don't understand how YouTube and accounting in general works.
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Can you deduct the US tax paid as a business expense?
It doesn't matter because your revenue is already reduced, so you can't deduct it again. For instance, if you originally earned $1000/month from youtube with zero expenses, for a profit of $1000/month that you have to pay taxes on. With youtube withholding 30%, your new revenue would be $700/month, for a profit of $700/month. You can't take your new revenue of $700/month, deduct the $300 tax as an expense, for a fina…
However America taxes world wide income, so it may be different in your country. You should probably ask a tax or accounting expert.
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At the same time, giving up a market will give another competitor a golden oppurtunity which could come to bite them. And countries could probably somehow force Google to continue operating Youtube there by threatning other Google products.
I kinda doubt it. Youtube's "moat" against competition is the fact that storing, processing, and serving video is insanely expensive. Google can only afford to do it to begin with because they are the world's largest digital advertising company. It would have to be another player willing to invest a ton upfront, and continue burning ludicrous amounts of capital over many years before they could actually compete
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In my experience, occasionally watching videos its almost the exact same. 1. You send me a peertube -- any peertube URL 2. I load that page in my browser (Chrome, Firefox, Safari, Android, iPhone, Desktop, anything) 3. I watch the video I'm not sure what the peertube mobile compatibility is like but newpipe supports it and i assume modern mobile browsers work.
And how much did the owner of the video earn from that link? YouTube is not popular because it's easy for YOU, it's popular because the creator can get money for a video with a few clicks while Google manages ad contracts, bidding and infrastructure to make the money making happen. PeerTube doesn't give you that.
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>Is it more accurate to say US sourced net income? It's amazing how massive companies can put their HQ in a tax haven and avoid US taxes completely while small creators are going to have withholdings from their revenue. that's because corporations get taxed on profit, and individuals get taxed on income. profits can be rerouted to more tax-favorable jurisdictions, but it's much harder to pull off with personal income…
> In the case of canada (and other countries with a tax treaty with the US), this is a non-issue because you either pay 0% withholding or can deduct the tax from your country's tax return (presumably the tax treaty also contains provisions for your country to net out the difference with the US). This is what Intuit says for that type of income: > If taxes were deducted from your income, you can claim those taxes as i…
From my previous comment:
>(presumably the tax treaty also contains provisions for your country to net out the difference with the US).
either that or both countries figured that it mostly cancels out so they don't bother netting it out.
This thread seems to be full of arguments that YouTube's product (customer eyeballs) should induce a tax for YouTube's suppliers (content creators they pay) even when YouTube's suppliers and YouTube's customers (advertisement purchasers) aren't even located in the US.
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…
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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/…
We should not expect people to devote lots of energy towards frivolous bureaucratic errands. If everyone who collected unemployment correctly identified the tax implications and budgeted appropriately then we would have a very screwed up problem on our hands: a drone-like population of box-checkers who shockingly ignore more important aspects of life.
I think you're being hyperbolic here. If you knew about this it takes less than 5 minutes for you to get out a calculator and figure out how much you need to have on reserve. If you didn't know about this add in 10-15 minutes to research it. That doesn't seem like very onerous to me. Some sibling commenters also mentioned that some state's unemployment application contain a checkbox asking whether they want their income tax to be withheld for them, which reduces the time spent to 5 seconds.
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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.
Alright, so America wants to tax every American view in YouTube. But what happens if another country decides to do the same thing? Creators will have to pay every country their views come from. I hope I am wrong, but we all know every country in the world is greedy for more tax.