In this article, we will learn about How to Fill The Additional Tax Information in Google AdSense? Do you also earn from YouTube? If yes, then this news is especially for you. Nowadays there are many people who are earning a lot of money by making a video on the YouTube Platform.
Till now he was not worried about anything, but now Google AdSense has issued a warning by sending a mail to YouTuber Content Creators. who create YouTube videos and earning from AdSense.
YouTube has informed YouTubers residing outside of the US about changes in payments. It is clear that the United States of America now needs to collect taxes from all of Google’s platforms. Even from creators who do not from America.
What Google Says about AdSense New Update
Google will be deducted additional tax from creators outside the US from this year. In the next few days, Google AdSense will ask you to submit your additional tax information in AdSense to determine the correct amount of tax. If you don’t file AdSense Additional tax information by May 31,
then Google AdSense can deduct 24% tax from your earnings. Let’s know more about tax information below for an example.
If you earn ₹1,00,000, then ₹24,000 will be deducted by the Google AdSense Company. Google AdSense also said that it is for those Content Creators who live outside of the United State of America.
It will have no effect on American YouTube Content Creators. The tax levied by Google’s Company is expected to start from June 2021.
Users need to understand that this money includes that money. which they have earned by watching the advertisement by American Users. In this tax list, the Google Company has also included things like YouTube Premium, Super Chat, Super Stickers, and Channel Memberships.
Note: Google AdSense has also been said that if the person provides complete additional tax information about his tax so they will not have to pay tax for viewers outside the US.
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What is Google AdSense Tax Rule
According to the Google AdSense Additional Tax rule, If a creator does not provide additional tax information about his tax, then he will have to pay 24% of his earnings to the company. But if the creator files the additional tax information about the tax, So he will be given Treaty Benefit. Under this, creators will have to pay only 15% tax for American viewers.
These are the viewers with. These are the viewers with whom the creators have earned. At the same time, if you are paying tax and are not valid for this benefit, then you will have to pay 30% tax. Keep in mind that creators will have to pay this tax only on the basis of American viewers.
How much tax will Indian creators have to pay?
Based on the example given by Google AdSense, If a creator earns $1000, So $100 of it has been earned by American viewers So they have to pay a tax of $240. This will happen when the creator doesn’t provide additional tax information. In such a situation, it will be very difficult for the creators because Indian creators are paid less money than Americans.
Note: Based on the example given by Google AdSense, If the creator earns $1000 So out of this, $100 is earned by American viewers, then creators have to pay $15 tax. This will happen when the creator has already filed the additional tax. Because India is a Treaty country with the USA.
2nd example only for treaty countries only who have a tax treaty with America.
How to Fill The Addition Tax Information in Google AdSense?
I hope you liked my article. in this article, we learned about the Additional Tax Information of Google AdSense, and also we have known about How to Fill the Additional Tax Information in Google AdSense? If you have not understood any particular point, then feel free you can comment in the comment box we reply soon as possible. Thanks for reading this article