Youtube will withhold US taxes from this year onwards
[14:16 Mon,15.March 2021 by Rudi Schmidts]
Heise informs that from now on (and for the first time until 31 May) YouTubers may become liable to pay taxes in the USA - even if they are not based there. Anyone who has uploaded video clips to YouTube that can also be accessed in the USA should therefore enter tax information for the American tax office in their account with immediate effect. This is also relevant for content that is not deliberately international, as Youtube threatens to withhold up to 24 percent of ALL income if this information is not provided.
Otherwise, Youtube counts as revenue if a clip has been accessed from an American IP and has generated remuneration. Up to 30 per cent of these USA ClipClicks are then directly deducted as taxes. This remuneration may have been generated by ad views, channel subscriptions, YouTube Premium or streaming functions such as Superchat. If you have cut your own advertising deal clips directly in front of your videos (quasi "hard encoded advertising"), Youtube cannot withhold any tax on these deals.
Youtube has created a tutorial video on this issue that explains the new tax settings for Youtubers outside the USA in more detail.
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Since there is a double taxation agreement between the USA and Germany, Youtube can also generate precisely calculated rates for Germany. For this, however, a valid tax identification number must be left with Youtube.
Once all the data has been entered, you can use YouTube Analytics to filter your monthly income by country and view the amount of the exact taxes.
A documented and accurate statement is again helpful if you do not want to pay taxes for these earnings a second time in this country. Anyone who is unsure about this should definitely consult a tax advisor if the amounts involved are relevant.
Heise informs that from now on (and for the first time until 31 May) YouTubers may become liable to pay taxes in the USA - even if they are not based there. Anyone who has uploaded video clips to YouTube that can also be accessed in the USA should therefore enter tax information for the American tax office in their account with immediate effect. This is also relevant for content that is not deliberately international, as Youtube threatens to withhold up to 24 percent of ALL income if this information is not provided. 