29 March 2021, Kathmandu
YouTube, a Google-owned video-sharing platform would deduct taxes from payments to YouTube creators. Google implemented tax changes for YouTube creators.
As per ‘Chapter 3 of the U.S. Internal Revenue Code’ Google has every right to collect tax information of creators earning from viewers in the USA. Through ad views, super chats, YouTube Premium, Super sticker, or channel memberships.
Therefore, YouTube creators need to provide AdSense with their US tax information by May 31, 2021. This policy includes not just USA YT creators but also worldwide YT creators.
If YouTube Creators does not pay Google Adsense with their US tax information by the deadline. Google will deduct 24% of their overall earnings. So, you have to give your tax details to Google AdSense as soon as possible. Sooner the better.
- At first log into your Google Adsense Account.
- Then click on
- Find Manage Setting Option.
- Scroll to “Payments profile” and click Edit next to “United States tax info“.
- Click Manage tax information.
- If you are an independent creator select ‘Individual‘ and if you are a company select ‘Non-Individual/Entity‘
- If you’re not a U.S. citizen or resident click on ‘No’.
- Select between W-8BEN and W-8ECI forms (Note: On this page, you’ll find a guide that will help you to select the appropriate form for your tax situation).
- Now fill in all the required details.
At last, You must preview the form before submitting it to ensure that all of the information is right. If any information in the form is incorrect, you’ll have to resubmit the form after 30 days.
For more information visit here.