Starting June 2021, Kenyan YouTubers will be required to pay the US government taxes in new directives communicated by Google.
Google said that YouTubers from across the world will be taxed by the US government in new tax reforms instituted by Joe Biden’s led administration.
The US government will tax YouTube earnings at 15 percent for total views generated.
Now, all creators in the world, save for those in the US who have been monetizing their YouTube channels have been told to brace for the beginning of tax payment.
“We’re reaching out because Google will be required to deduct US taxes from payments outside of the US later this year. Over the next few weeks, we’ll be asking you to submit your tax info in AdSense,” a statement by YouTube on Wednesday read.
All creators are now required to submit their tax detail by May 31 failure to which the giant video creation platform will deduct up to 24 per cent of their total earnings.
Kenyan YouTubers who have been minting millions from the platform are yet to comment on the new directive that will slash their monthly earnings from.
Henry Desagu, one of the biggest YouTubers in Kenya says he is not sure how much of his earnings will be slashed but he is projecting decreased earnings.