YOUTUBE TAX UPDATE 2022 HOW TO SUBMIT TAX INFO IN GOOGLE ADSENSE & REDUCE 0% INCOME TAX
In this video I am going to show you how to submit your tax information in Google AdSense and to reduce 30% income tax on revenues earned from the U.S. through Ad views via Philippine & U.S.A. Tax Treaty.
Youtube and Google has just announced that it will require to deduct U.S. taxes from payments to creators outside of the U.S. later this year (as early as June 2021). Over the next few weeks.
It is now requiring creators outside of the U.S. to submit a tax info in Google AdSense to determine the correct amount of taxes to deduct. Non-compliance will require Google to deduct up to 24% of total earnings worldwide. Deadline for submission is on May 31, 2021.
U.S. Tax Requirements For Youtube Earnings. For your reference:
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Click the link below for a copy of the Philippine Tax Treaty with the U.S:
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