Wait....Taxes? (for you Canadians)

[BetaCowSSP]

Okay, I got a question. I've been doing some research and it said that partners in the U.S have to pay like an 11% tax. Does this also apply for citizens of Canada (specifically Quebec?). Thanks!

 

[bwochinski]

Where were you researching that it said this about paying 11%?

 

[BetaCowSSP]

Where were you researching that it said this about paying 11%?

like youtube and this:http://www.wegiveinfo.com/2011/09/does-youtube-partners-have-to-pay-taxes.html
youtube:

 

[HotDangProductions]

I could be wrong but I believe paying taxes on youtube incoming is like paying taxes with any other job. In other words the amount of taxes you pay all depends on how much money you are making. (Im from Ontario)

 

[Wreckless Eating]

I could be wrong but I believe paying taxes on youtube incoming is like paying taxes with any other job. In other words the amount of taxes you pay all depends on how much money you are making. (Im from Ontario)

You are correct. When you sign up for adsense or partner with a network, you fill out the appropriate tax forms for your region

 

[BetaCowSSP]

so is there like a certain amount of money you pass a month before you pay tax or something? (because if I monetize my videos it will probably get me lke 20 dollars a year or something like that =P)

 

[HotDangProductions]

so is there like a certain amount of money you pass a month before you pay tax or something? (because if I monetize my videos it will probably get me lke 20 dollars a year or something like that =P)

I'm not exactly sure how it would work but yea, you wouldnt really get taxed for that small amount of money

 

[ghostlyrich]

claim it as a small buisness