Google revealed its plans to withhold U.S. taxes on YouTube income in an aptly titled article, “U.S. tax requirements for YouTube earnings.” Creators enrolled in the YouTube Partner Program – i.e. those who monetize their videos – may see their worldwide earnings docked by a significant 24 percent if they fail to submit their tax info via AdSense prior to Monday, May 31st, 2021.
Source: YouTube Unveils Plan to Automatically Deduct U.S. Taxes From Creators