14/03/2021
AS A YOUTUBER based outside US, YOU MUST NOW FILL OUT YOUR TAX IDENTIFICATION NUMBER
is no new thing however strange to most Nigerians and other people from countries of the world.
This new YT /Google tax is just a new appropriate way of you paying your tax over any business, service or value (as the case of Youtbers partnership program participants) to pay a fair share of tax according to US law.
There are a lot to understand about this. One must know as the case of YouTuber outside US to know that if your country does not have any agreement or treaty with US you will be surcharged maximum 30% of your revenues ( including ad revenues from either your adsense, super chat etc that you guys have been enjoying from YPP) lol 😀, if you do not give your tax information accurately by June 2021.
I have done mine. Also note, most youtubers from UK who are residents have National Insurance, like US counterparts also have been paying tax for every revenues, there may not be any deductions from UK YouTubers provided they provide accurate information about their NI number which stand for what YT is requesting for, simply because UK has tax treaty with US. This arrangement varies countries to countries.
I will do a video to illustrate what this new YouTube/ Google tax over YouTubers is all about. And how to fill your forms.
Check my channel for more
https://youtube.com/c/KBJOJONEWSBOX
