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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

#191

Post by Aerroon »

DINKDINK wrote: post #186

"I print a free newspaper. The margins are good if I put interesting-enough content in it and businesses pay me to place ads. An Indian retailer pays me for ads because my readership is high in India. Sometimes to get better content I pay writers for content. None of these people live or work in the US but the US government says if I send a free newspaper to someone in the US, the writers I hire owes them tax" This t…

Another thing to add to this is that Europeans get paid by Google Ireland Ltd rather than Google Inc.

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

#192

Post by Aerroon »

melomal wrote: post #137
bushbaba wrote: post #103

Earlier quoted context omitted.

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...

Why does this matter? They can be incorporated in Dublin, but the new rules still apply to a Polish youtuber.

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

#193

Post by d110af5ccf »

Apofis wrote: post #187
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…

Don't I have to pay VAT if I order a product from Europe?

That's their equivalent of sales tax. The issue here has to do with income tax, not sales tax.

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

#194

Post by d110af5ccf »

fsflover wrote: post #184
izacus wrote: post #45

Earlier quoted context omitted.

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.

Many youtubers simply incorporate an advertisement in their video in agreement with some company. Has been working for many years already.

To be fair, the tax policies that triggered this discussion wouldn't apply in that case.

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

#195

Post by nromiun »

Qub3d wrote: post #190
nromiun wrote: post #176

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.

This comes down to where Alphabet/Google/YouTube's "Nexus" is. They are a U.S. based company, and therefore the U.S. Government has a stronger claim to taxation. https://en.wikipedia.org/wiki/State_income_tax#Nexus

Of course. But any country can also ban them (that is the only reason multinational companies obey national laws). We all saw that with Google vs Australia. So US might be able to get away with this, but I still have my doubts.

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

#196

Post by thu2111 »

martin8412 wrote: post #132
jgowdy wrote: post #124

Earlier quoted context omitted.

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.

It's exactly the same thing. EU tells US companies they have to pay money to European governments if they have European customers or users. Same is happening here in reverse.

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

#197

Post by Aerroon »

ssijak wrote: post #129
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…

My country does not have double taxation treaty with US. So after Google takes its cut, then US with 30% cut, then my country with about 55% cut, plus other expenses it feels like there is no point in starting a youtube channel in 2021.

I was actually thinking about this in terms of Twitch subscriptions. If an American pays $5 to subscribe, then the creator could easily end up seeing less than $1.20 from it.

First there's a ~20% VAT on it. $4 left. Twitch takes half of that - $2. The US takes another 0-24% from it. The local taxman takes another ~40%. You're roughly left with ~$1.

Kind of depressing when you look at it like that.

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

#198

Post by thu2111 »

sandworm101 wrote: post #95
bin_bash wrote: post #91

Earlier quoted context omitted.

slightly OT but does anyone recommend journalism from organizations that avoid this sort of misleading information? I'm not sure if I've just become more sensitive to it but recently I feel like I can't get away from it. WSJ (non-opinion) seems to be one of the few places that tends to have accurate headlines IMO.

https://BBC.co.uk/news I wouldn't say that they are totally unbiased, but the BBC is the most respected international news organization on the planet today. The are definitely pro-western democracy, as opposed to RT, but if the BBC broadcasts outright lies there are open processes to force corrections. The BBC has oversight whereas RT is a closed box that can do as they please.

It really isn't. The BBC publishes wrong or hopelessly biased stories all the time, which is why the majority of the British population no longer trusts them. As for processes to get corrections, as with many firms the best way to get their stories fixed is being it to the attention of blogs read by the ruling party e.g. Fawkes. Using their actual complaints procedure rarely seems to work.

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

#199

Post by graeme »

gruez wrote: post #39
rjsw wrote: post #29

Earlier quoted context omitted.

I read the title as YouTube not wanting to have to process W-8BEN forms for the creators.

But their support article[1] says that if you submit your "tax info" (presumably w-8ben?), they'll adjust the withholding rate accordingly. [1] https://support.google.com/youtube/thread/101463270?hl=en

Yeah more than likely Youtube just had poor comma. Amazon had an extremely seamless tax interview that guided you through the needed forms.

They even had a prefilled W 8BEN, and I think they pointed to the relevant parts of the tax treaty for me.

Believe they scaled this back as non publishers were abusing it to get ITINs in order to get US credit cards. Too seamless if anything.

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

#200

Post by benhurmarcel »

Apofis wrote: post #187
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…

Don't I have to pay VAT if I order a product from Europe?

No
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