Google's eye on U-Tubers' earnings will be taxed if there are American viewers

- No need to pay tax if you are earning by viewers other than America

New delhi date. Thursday, March 11, 2021

Google, the world's largest tech giant, has cracked down on people who make money from YouTube content. Google has announced that from June, it will levy a tax of 24 to 30 per cent per month on YouTube content creators in other parts of the world, including India. This tax will be levied on revenue generated from YouTube content viewed by Americans.

Google has warned in an e-mail that if YouTube creators do not provide their tax information by May 31, 2021, 24 percent of total revenue from content will be deducted as tax. Under the new rule, the amount of tax will be deducted every month from those who earn through YouTube.

Tax deductions from U-Tubers revenue will depend on a number of factors. If creators from outside the United States provide their tax information, content viewed by Americans may be taxed at 0 to 30 percent. Under these circumstances, if you are creating content that most viewers are from the US, be prepared for a tax cut. If there is a tax relief treaty between the US government and the government of the country of the respective YouTuber, it will benefit and pay less tax.

Google's tax math

- 24% tax on monthly income from around the world if you do not disclose tax details

- Submit tax documents, 15 percent tax on monthly income from U.S. viewers if eligible for tax treaty benefits

- Provide tax details but if the tax treaty is not eligible for the benefit, you will have to pay 30% tax per month on the total income generated by the US audience.

Explained to give an example

Google explained, for example, that if an Indian content creator earns a total of 72 1,000 (Rs. 72,830) per month through YouTube. If he earns માંથી 100 (Rs 7,283) from US viewers, he will have to pay tax on that amount.

So no tax.

According to Google, you don't have to pay taxes if you're leaving the United States and earning through viewers from other countries. However tax related documents have to be provided. If tax related documents are not provided, 24% of the income will be deducted as tax.