Taxation on International Income

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Member since 08 March 2018

Chivalrous0Member23 June 2020 18:14:31

Hi All,
I am an Indian national living in Philippines.
I want to know if the Youtube income generated by Google USA and credited into my account in Philippines, will be taxable in Philippines or not?
Since the income is generated in USA, i am not taxable in USA.
Since the income doesn't credit to India, so i am not taxable in India too.
For Philippines, it is considered as International income.

Guys, any feedback on taxability in Philippines, will highly help.

mugtech ViP

Member since 08 September 2012

mugtechViP23 June 2020 18:57:23

4429

Ask an accountant

GuestPoster204 Guest

GuestPoster204Guest23 June 2020 20:25:29

214245

USA taxes everything and technically, even if you only earned an income in the USA for a month, it is taxable and have to file 1040NR. If you´re a foreigner and a Philippine resident and earns that U-Tube income while living in the Philippines, it´s taxable. Foreigners but non-resident only taxed on income of Philippine origin.

robal

Chivalrous0 Member

Member since 08 March 2018

Chivalrous0Member24 June 2020 06:14:38

robal wrote:
USA taxes everything and technically, even if you only earned an income in the USA for a month, it is taxable and have to file 1040NR. If you´re a foreigner and a Philippine resident and earns that U-Tube income while living in the Philippines, it´s taxable. Foreigners but non-resident only taxed on income of Philippine origin.

robal

Hi robal.
Appreciate your prompt revert.
I have been receiving income from youtube, but till date USA has not taxed me.
secondly, i was under the impression that foreigners living in Philippines do not have to pay tax on international income. since this is international income for Philippines, would i still be taxable in Philippines???

GuestPoster204 Guest

GuestPoster204Guest24 June 2020 08:12:31

214245

It´s now going on...

https://www.youtube.com/watch?v=5iSqeLddVsI https://www.youtube.com/watch?v=T1NrJMjXSjU https://www.youtube.com/watch?v=Lxr6H8ypSeU

robal

GuestPoster204 Guest

GuestPoster204Guest24 June 2020 08:37:29

214245

If you´re an Indian citizen but not a resident of any foreign country, you are subject to Indian taxation... That´s the link under review above.

robal

GuestPoster204 Guest

GuestPoster204Guest24 June 2020 08:46:41

214245

Here´s the Philippine Bureau of Internal Revenue about taxing on-line activities dated June 20, 2020:

https://business.inquirer.net/300459/ta … -youtubers

robal

AaronAardvark Serial expat

Member since 05 December 2019

AaronAardvarkSerial expat25 June 2020 13:54:01

289

And another one Friday morning at 9:00 AM. Live broadcast

https://www.youtube.com/watch?v=ag6wWyXIfns

Chivalrous0 Member

Member since 08 March 2018

Chivalrous0Member25 June 2020 16:33:35

robal wrote:
Here´s the Philippine Bureau of Internal Revenue about taxing on-line activities dated June 20, 2020:

https://business.inquirer.net/300459/ta … -youtubers

robal

Thanx robal for sharing this.
Saved me from making a mistake.

GuestPoster204 Guest

GuestPoster204Guest26 June 2020 06:29:41

#10

214245

You´re welcome.

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