In the new economic reform package, which will be presented to the Turkish Grand National Assembly, a new regulation on the taxation of the Revenues of Youtubers is entering our lives. Youtube, which is perhaps one of the longest time to spend time among the social media platforms, is one of the media that many brands use to increase their awareness and sales with their advertising models. Youtubers earn great income, but they were not taxed so far. With the new reform package, Youtubers will pay taxes. If you want to fold your income with Youtube ads before you switch to article, you can get information about Sahne Media’s professional youtube advertising service.
Users who have at least 1000 subscribers on Youtube, one of Google’s services and reach monitoring times exceeding 4,000 hours in a year, are entitled to ads and thus earn income. In addition, the Google ADS account, as youtubers increase the number of views as they increase the number of advertisements in their videos and increase their clickery. When all this happens, the advertising revenues of the channel rise to a significant rate.
Until recently, the revenues of the Youtubers were not subject to tax. But early this year TC. The Ministry of Treasury and Finance began to focus on this issue. Youtube channel owners backwardly opened a 5 -year tax investigation of the ministry, many people sentenced to more than 100 thousand TL tax sentences. And now one step has come from the government to tax youtube content producers.
Youtube taxes will be cut directly from the bank account
According to the information obtained, the economic reform package, which is still employed, will be presented to the Turkish Grand National Assembly on 1 October. This proposal, Tax Procedure Law, Income Tax Law and Corporate Tax Law, including the economy -related regulations in the package of the Youtube content producers of the article contains a article.
According to the arrangement that is still in the draft stage, the taxes of people who obtain advertising revenue via Youtube platform will directly from the main source, that is, the bank accounts where income is deposited.
The government, which consider applying a 15 percent withholding deduction to Youtuber revenues, will take this money directly from the bank account of the person. In other words, Youtuber will be the taxpayer and the bank will be the taxpayer. So Youtubers won’t have to keep an accounting book.
While the war of attracting content producers among the platforms on social media is experienced, this regulation will affect the market share of Youtube in Türkiye. Let’s see if the influencers leave Youtube to avoid paying taxes and escape to Instagram or Tiktok? Or will youtube’s budgets and models to support content producers, will it be enough to exceed this tax burden?
