YOUTUBE TAX UPDATE: HOW TO SUBMIT YOUR TAX INFORMATION FORM TO SAVE YOUR YOUTUBE EARNINGS. Explained

What is the New Tax Update on Youtube? How to Sumit Tax Information on Youtube? What Options to Choose while Submitting the Youtube Tax Information Form? How much money will be deducted as Tax by Youtube? How much of Percentage % Tax will you have to give to Youtube? How much money will you loose on Youtube? How to Save your youtube revenue? How to Claim Tax Triety to save 15% of your Taxable income? Answering all these questions and many more in this video Because Youtube will now deduct 24% of all your youtube earnings if you don't submit your tax information by 31st of May 2021. And if you submit your tax information you will be exempted and will only have to pay 10% or 15% of Your US Earnings only. Not your entire Youtube Earnings. Watch this video to understand and learn more. . HAPPY TO HELP . 🔴 Subscribe for more such content : https://www.youtube.com/djdeepbhamra?... . Youtube Tax Update Explained (In Simple Terms) If you are a Youtuber, Based out of anywhere in the world, except the United States. You are required to submit your Tax information by the End of 31st MAY 2021. It's Mandatory, There's no escaping that. Failing to do this will result in a deduction of 24% of your Entire Income that you earn out of Youtube. So as mentioned earlier if you make 1000 dollars or 10,000 Rupees. You will loose 240 dollars or 2400 rupees. But, If you submit your tax information. Youtube will only deduct 10 or 15% of your monthly income that you earn out of the US. Not your entire youtube earnings, But just your US Earnings. Meaning. If you make 1000 dollars from youtube and only 100 dollars are from the USA, Youtube will deduct 10 or 15$. The Percentage will depend on your country or region. Some Regions like the UK & Canada may be eligible for 0% whereas regions like Mexico and Korea are eligible for 10%. And for people in INDIA. That percentage is 15%. That's due to the country's Tax Treaty with the US. So summiting your Tax information will tell you how much tax will be deducted according to your country. BUT if you don't submit your tax information at all. You will end up losing 24% of your entire income, not just the US Earnings. So I strongly recommend that you go ahead and submit your tax information right now so you don't lose your money. Stop everything else. This should be your priority. . LINKS: Adsense Page: https://www.google.com/adsense More Info: US TAX TREATY with INDIA: https://www.irs.gov/pub/irs-trty/indi... Help Centre: https://support.google.com/youtube/an... Check your AdSense account type: https://support.google.com/adsense/an... For info on US tax treaties: https://www.irs.gov/businesses/intern... . What Youtube Says: This update is important for ALL monetising creators OUTSIDE the US. Note: This does not affect creators in the US, as your tax information should already have been submitted in AdSense. If you're a creator outside the US, you may begin to have taxes deducted from your US earnings later this year (2021). Google has a responsibility under Chapter 3 of the US Internal Revenue Code to collect tax information from all monetising creators outside the US. And, in certain instances, to deduct taxes when these creators earn income from viewers in the US. These US earnings can come from ad views, YouTube Premium, Super Chat, Super Stickers and channel memberships. - Please SUPPORT | LIKE | SHARE if you like the content. ✅ For business inquiries contact me at [email protected] ✅ COME SAY HI! Instagram | Twitter | Facebook : @djdeepbhamra Website: www.djdeepbhamra.com ✅ My secret for YouTube growth - https://www.tubebuddy.com/DJDEEPBHAMRA ______________________________________________________ Products I use to make Youtube Videos : Camera: https://amzn.to/2CdwnYM Lens: https://amzn.to/3dgyp7g Lav Mic: https://amzn.to/2YL618j Shotgun Mic: https://amzn.to/3eeiO9K Mic Arm: https://amzn.to/37DLI0m SD Card: https://amzn.to/2AENDGd Tripod: https://amzn.to/2NalOYY DISCLAIMER: Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my youtube Channel - "DJ Deep Bhamra" so I can continue to provide you with free content each week! FAIR-USE COPYRIGHT DISCLAIMER Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favour of fair use.