New Delhi, March 10 : In a bad news for creators in India, Google-owned YouTube has announced to deduct taxes from payments to creators outside of the US.
In an email to YouTubers, the tech giant said that additional tax is going to be levied on them (outside the US) by as early as June 2021.
“Over the next few weeks, we’ll be asking you to submit your tax info in AdSense to determine the correct amount of taxes to deduct, if any apply. If your tax info isn’t provided by May 31st, 2021, Google may be required to deduct up to 24 per cent of your total earnings worldwide,” Google said in the email.
The move will affect YouTube creators’ community in India too.
YouTube has asked creators to submit their tax information to AdSense to understand the correct amount of taxes to be deducted.
For example, imagine if a YouTube creator in India in the Partner Programme earns $1,000 from YouTube in the last month. Of the $1,000, their channel generated $100 from US viewers.
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