/vt/ - Virtual Youtubers

>>49058147
>80% income tax
what in the fuck

>>49058147
Nah. 2% nijiorgans get is before taxes.

>>49058147
they all get the same percentages in SCs anon, get used to it.

>>49058147
Again with this shit? It's incorect, because she was incorect and decided to pay her taxes twices, ignoring treaty. Resulting in her getting 21% total actually when her retardation removed from the equation.

>>49058147
Fauna is not your friend deflection thread

>>49058147
I was expecting at least 20

>>49058147
Pretty sure the tax number is wrong.

>>49058147
OP is stupid

>>49058260
OP just dug up this old chart of mori and thought it would be a funny post because of what le niji exposed.

>>49058196
that was before she hired an accountant to help her navigate her paying taxes while living and working the same job in 2 countries

>>49058267
This nothingburger is 1% deflection, so shut up nijiniggers go back liking riku ass.

Another 1% deflection thread. This is just Mori being a retard.

>>49058147
This is pre-Mori gets an actual assistant numbers. Update your shitposts faggot.

>>49058267
You've been deflecting your meds your whole life.

>>49058353
uuuuu i need not friend mommy faufau uuuuuuu

>>49058299
so are you, read what you posted carefully

>>49058147
Tax looks wrong. I mean is USA really calculate tax before are cuts? Like bro what. Also is cover really taking 35%? And even if they do i doubt they take 35% from before YouTube cut. This all looks wrong. Like everyone take everything from 100$ but it cant work like that

>>49058235
The share between Youtube and the company are the same, but the share between the company and the talent are different.

>>49058147
OH FUCK A NIJI NIGGER IS SO BUTHURT HE MADE UP THIS ENTIRE GRAPHIC HAHAHAAHAHAHAHA!!!!

>>49058448
Youtube takes 30%. 70% are left. Cover adds half of that (35% of total) to the talent's paycheck. Talent's paycheck is subject to income tax which can be retard high depending on the bracket. Somebody has to pay for dem programs. Let's say it's 40% going to the gubmint, that leaves the talent with 21%. In Mori's case she was also paying two sets of taxes as an American citizen living in Japan because she was too retarded to realize that she didn't have to due to a tax exemption agreement between the countries.

>>49058316
Why would an accountant can help minimizing someone's tax?

>>49058447
its irrelevant just like OP's post stupid

>>49059769
There is a billion ways to legally dodge taxes and only stupid suckers pay the full amount.

>>49059769
Yes. Deductions, etc can put things like your rent into business expenses. On most countries, they make it easier for you to know your rights, but turbotax lobby to make tax filing as difficult as possible

>>49058260
That’s not how superchats work anyway the 30% cut youtube takes is part of the taxes for said super. They handle all tax withholding for you then sends you the form similar to how stock apps work.

https://support.google.com/youtube/answer/10391362?hl=en&sjid=4111792611436273205-NA

You should have realized immediately she was wrong because all money runs to cover first and then they get a check the next month with everything. She was probably filing taxes twice but it wasn’t taking her money from YouTube. They handle all of that at a range of 0-30% or 24% globally

>>49059769
Mori was being dumb and thought she had to pay tax in both US and JP even though there is a tax treaty in place. She only figured out that she only needed to pay tax for one of them after she got a new accountant.
That's why she switched from thinking about moving back to US permanently to buying a house in Japan. Chat, and later on, her accountant, told her that "Uhhh, you are being dumb and paying twice what you needed to".

>>49058147
HAHAH holy shit, super chats are so cucked.
>can't even paypig for the streamer, you're just giving it to the government, cover, and youtube

>>49059769
An accountant's main job is exactly that.

Most countries want to take as much as they can from you but also curry favor from the big corporations that can line their pockets on the side.

So the laws are for the most part arcane and maneuverable. Very few countries escape this MO.

>>49058147
Wtf is this? this shit is not only old but also wrong.

>>49060632
(OP) is....
>a twitchildren
>a vwhorefag
>an american

Any of these.

>>49058316
Actually, she never had to pay that much. She had an accountant the whole time, her friend was talking out of their ass.

>>49060831 me
She pays slightly more for living in two countries, because she uses the highest tax rate for either country, but she probably only pays about half her income in taxes.

>>49060017
dodging taxes as a us citizen living abroad is by far the dumbest fucking thing you can do

that said her us taxes she owes is minimal to none, and there's not really any way around the shitty jp tax system. there's some tax deductions but they're capped and some don't even apply when you earn over 20 million yen a year.

>>49060970
in the us you get an automatic foreign earned income deduction, for next year's filing it's 120k usd. that means any money you earn under 120k you don't pay taxes on in the us. anything over 120k you pay the normal tax brackets starting at 0 at 120k. you can also deduct foreign paid taxes, which in JP's horrendous amount of taxes means you pay nothing, because the tax here is so high it offsets any us tax you'd owe.

I've tested this up to 1 million usd yearly salary and you still owe 0 us taxes if done right.

>>49060970
Also it's about 45%. You pay roughly 25% in national taxes in japan, 10% resident tax, and 10% pension and insurance. minus some deductions so i guess it's about 40%

>>49061070
Interesting

>>49061124
yeah but the other caveat is investing your money yourself, you cannot invest in any foreign mutual funds or participate in things like japan's equivalent ira and roth ira. you are taxed even on unrealized capital and have to fill out these fucking ridiculous forms, so people usually just send money home and deposit into an ira in the us.

>>49061180
does repatriating trigger taxes?

>>49060500
She can file revisions and get the money back or file for overpayment on a future return, so she'll get it back.

Buying a house in japan is by far the biggest tax break here right now. You can deduct 1% of the remaining loan amount over the next 10 years, you get tons of tax credits for having solar panels, which starting 2025 all houses in Tokyo are required to have anyway, credits for this and that. Buying a house here they just say shut up and take our tax credits basically.

>The U.S. and Japan do not have a tax treaty.
Funny that despite being a Twitchsimp, She has not heard anything important from Ecelebs.

>>49061409
Makes sense, from what I understand the real estate market is really important and fragile there

>>49061361
Depends on when you repatriate during the year. In JP when leaving, you'll always have to prepay the next year's resident tax which they'll send back to you. In the US your taxes will depend on if you can pass a bona fide resident test or physical presence test. If you can't pass those you'll owe full taxes in the US minus taxes you paid abroad, rather than getting the 120k deduction.

>>49059915

>>49061119
>>49058147
Japan also has a 10% VAT that should have been applied right at the start, on the transaction itself.
The bank sends that directly to the state, it doesn't even reach YT. So the calculation starts at 90$.

>>49061497
ah, I meant txing money for investing, that's an interesting gotcha though

>>49058448
It is wrong youtube takes 30% to be safe if you’re usa but cover is Japanese and even if they base it on location she’s in japan so the global cut is 24% and this is including withheld taxes. You can apparently drop that percentage lower if you ask but you shouldn’t do that without asking your accountant. Covers cut is about half but some members negotiated for more. The cut is assumed to be 35% based on that but that’s where the math gets weird is it 50% of 70% or is it 35%. If you make 1 million a 35% cut after youtube leaves you at 455k but if it’s half of 70% it leaves 350k an entire 105k difference so any speculation past half doesn’t work

>>49059340
>Dem programs
Yes the Japanese Cover is paying American taxes. As I stated to the other anon 30% is part of the taxes but it’s closer to 24% if you’re outside of America. Mori is a retard so it stops there. Unless she purposely told cover to change her location to America the cut would be 24% and all the numbers are now wrong. Not to mention she never directly gets the super chat so there’s no way it’s taxed twice. She paid taxes twice but it wasn’t coming out the super like that huge difference

>>49061629
Doesn't cover pay for those taxes out of their cut? From what I remember cover pays at least some taxes on the chuuba's behalf.

>>49061646
Tax on investments is only capital gains, unless you invest in foreign mutual funds, and the mutual funds taxes are active even abroad, and yes the IRS knows about it because as a US citizen you have to fill out a FACTA form notifying the IRS of any money or financial accounts. This is banks, investment firms, crypto, etc. As a US citizen there's actually no crypto exchanges in JP that will accept you because none of them confirm to FACTA. You also have to fill out an extra form every year too called the FBAR which you state all foreign financial accounts you had and what their highest monetary value was during the year.

>>49061629
YouTube accounts for that in their tos and explained in the help guide. Let’s say a country has 25% taxes then youtube’s cut only becomes 5% to make it still equal 30%. You won’t receive less than 70% from them but you can go upwards of 80-90% at least in America it probably works the same globally

>>49061859
Oh shit, that's quite nice, especially since some countries Do have ~24% VAT. Never knew of it.

Also, Twitch could never.

So, Mori gets to keep about 21 cents on the dollar?

>>49061921
Twitch withholds US taxes from subscriber money and bits, they can't control outside donations. Even if you're a foreign streamer, they'll take out US taxes and you have to fill out a form to get them back.

>>49062000
I would say that's probably pretty close yes

>>49062000
That's kinda good enough.

>>49061848
ah, I mean txing as in transferring, sorry I'm actually retarded, it wasn't a typo;
I was wondering if the act of taking money from a Japanese account and sending it to an American account would trigger any taxes, or if they don't care because they tax your income (and capital gains)

I've read that Apple has billions of dollars outside of America that they just loan against instead of "repatriating", so I wondered something similar came into play for what you described for investing

>>49061921
Remember, Twitch is not a place to make money or portray success.
Basically, Twitch is like Tiktok made in the USA.

>>49062189
>I was wondering if the act of taking money from a Japanese account and sending it to an American account would trigger any taxes, or if they don't care because they tax your income (and capital gains)
No it does not, though sending money from the US to JP will potentially if you can't prove you earned the money before living in Japan.

>>49062000
~17-24%
Is the general area, yes.
Really depends on local taxes.

>>49062263
neat, thank you. are you my accountant now?

>>49062391
IANAL
I just have been handling this shit personally and for close friends for a few years now, because it's confusing and shitty. I remember a french guy in the US embassy screaming I renounce my citizenship while I was waiting for passport renewal because apparently his parents gave birth to him in florida while on vacation, so the US was claiming he's a US citizen and owes taxes.

>>49062263
Does that sort of thing apply to a vtuner, who presumably made all her money simultaneously?

>>49059769
> Why would an accountant can help minimizing someone's tax?
legit asking, are you retarded?

>>49062517
If you have properly declared and documented the money, no. If you are shit at accounting or don't have someone handle it for you, you'll probably end up double taxed, but realistically as a streamer in JP that's a US citizen, you should only really be using your JP bank account anyway.

>>49062493
kafkaesquely funny

>>49062606
Mori had a really hard time with that, because she paid for a lease in the US. They wanted her to fax stuff from her Japanese bank, and the whole thing became a cautionary tale about banks and faxes.

>>49058147
So what you're telling me is, I can make the same as Mori while being only %7 as big, just by being indie.

>>49063046
21%, if that's the logic.. Also, is your plan to just not pay taxes? Cause if not, it's 35%

>>49062600
I don't do tax.

>>49063149 me
I goofed, if cover's not a part of it you'll need to be about 46% as big as her, if you don't pay any taxes.

>>49058147
Mori tax rate is high because she’s in high earning bracket. And she doesn’t know how to not get double taxation. 1% mysta deflection thread

>>49058147
She's a dumb bitch that stupid enough to got tax twice, if she's do proper accounting she would had like 17~21% of the SCs
She do hired accountant and later fixed her tax problem and got enough money to buy house in japan now. No more move back to US.

>>49058147
This infographic was incorrect and outdated when it was made. How and why do people still post it?

>>49064317
it'd be worse if it weren't as egregiously wrong

>>49064317
they want to deflected from 1% merch share drama

>>49059769
>>49060017
>>49060249
Wait, so you're saying that without an accountant to tie up any loose ends, they're just allowed to sap your money away without your knowledge? And they don't inform you anything about this?

>>49064893
Ina was right, highschool should cover taxes

>>49064893
And you wonder why people call taxes "government sponsored theft".

>>49064893
governments have a vested interest in getting as much money out of you as they can get away with, so if you fuck up your paperwork and accidentally pay more than you should they aren't going to look the gift horse in the mouth and are just going to smile and take the money

>>49062600
SEAnigs don't do taxes. Either our taxes are automatically done by the employer, or that we are poor enough to be exempt from them in the first place.
>t. SEAnig

>>49058196
US taxes its citizens abroad, so she's being double taxed

>>49058196
She's paying US federal, California state, AND Japan tax.

>>49065875
Unless said country has an agreement on double-taxing with the US, which the US has with Japan.

>>49061409
she didn't buy a house in japan, she bought one in the US. she's just renting in jp.

>>49060589
brown sounding post

>>49058196
She was paying double tax
Hire a professional guys

>>49058147
well you know what they say, DEATH and TAXES.

>>49058147
I like how the source is Mori. So you know it's either retarded misinformation or straight up lying.
In this case she was too retarded to understand how to file her taxes at her age because she relied on her loaded family for most of her life.

>>49065786
damn that sucks, hope you niggers find a way to climb up

>>49058147
God, you are so fucking stupid. She doesn't pay that much in taxes, you absolute retard. The US and Japan have tax treaties in place to prevent foreigners from being "double taxed".
Think about it for one second. How the fuck would anyone make a living working in another country if they were losing 80% of their wage to taxes? No one would even be able to afford rent, you retarded brainlet.

>>49064893
The state is the one with the guns pointed at your head. Give them as much money as you want, robbers don’t mind donations. But leave a cent unaccounted for and they will fucking end you

>>49071942
Mori is the one who created this

>>49072073
don't spoonfeed, it's funny when they act retarded

Even if Mori wasn't retarded and paid her taxes twice, her situation would still be unique among vtubers in general, let alone Hololive. Nobody else notable in the entire fucking industry is living full time in Japan while also still being an American citizen. I eagerly await the angry (You)s from anons that know an expat vtuber that I don't know about.
At any rate, Mori's situation is highly unique even if she DID have her tax situation correct when she made that chart. It's retarded to use that chart as the basis for anything.

>>49065949
But her American residency is in Texas.

>>49061677
He's clearly one of the idiots who turns down a raise "to avoid getting pushed into a higher tax bracket" because he's too stupid to understand how brackets actually work, why are you engaging with him?

>>49073928
>what is gross vs earned and why do tax brackets matter
kys retard

poor Mori's liver...

>>49059769
Because even if an accountant is doing stuff that is relatively simple if you know basic tax accounting shit, nobody actually knows basic tax accounting shit.

>>49058147
Correct math:

$100
30% to Youtube
$70
40% to Cover
$42
46% to Japan
$23
32% to US
$15.60 to Mori

If she fixes her taxes by hiring an accountant to write it up properly, she'll get $23.
If she's renegotiated her SC cut, she could get between $15.60 and $42.

t. passed grade 2 math and failed calculus

>>49075638
15 out of 100. I'd NEVER donate.

>>49075638
She was never double taxed in the first place. Her dumbass friend said something that she repeated on stream, but she makes so much fucking money she didn't really question it kek. She checked in with her accountant literally 2 days later and cleared it up her misunderstanding. She pays normal japanese taxes because of a treaty the US has with Japan, but this board is full of women who seem to be unable to let go of shit that took less than a week to resolve over a year ago.

>>49075739
Well yeah. Superchats even to an indie are ass. Youtube's cut is annoying. Streamlabs is the way to go.

>>49076267
because some nigger made that fucking infographic and now every time someone wants to talk about SC cuts they just upload that one image without caring if it's wrong
if you want to change things make a better one

>>49075739
never donate anyway. it's a scam. they make enough from your views alone.

Americans, your taxing system is retarded. Why. Honest answer pls.

>>49079096
Lobbyists from tax software companies buying senators. I'm not even joking.

>>49058147
don't ever trust chuubas or chuuba fans to do basic arithmetic

>>49079202
>Lobbyists
Can't believe this thing is still legal. I can understand corruption, i can't understand legalization of it.

>>49058235
Cope harder, tranny

>>49072073
Trusting Mori to be able to accurately do her accounting is itself a form of mental retardation. Fortunately after posting this, she was told to get an accountant.

>>49058260
holy ESL

>>49079453
She already had one. literally nothing she said was happening. She just parroted something her dumb friend said.

>>49079453
I have to save her from herself

>>49066153
Yeah, but you need to know that.

>>49079453
>>49072073
She didn't post or create is. Did you seriously think she made the chart?

>>49058147
This picture is outdated and misleading

>>49058147
I know that this shit isn't 100% accurate, but even if it is, that's still more money than a Niji liver earns.
Damn.

>>49058147
The Cover and taxes cuts are too big
The youtube cut is the only one that's accurate

>>49060428
Listen to this anon, for he is wise

>>49058147
This picture is both outdated and literally just speculation
Mori has at no point in her career EVER paid double taxes, that's just dumb rrat clipfaggots on this catalog ran with, nor do we what Cover's cut is
Why do retards still post this?

>>49089707
Tax part is BS, but we do know what Cover's cut is. Both Mori and Coco(and a few others?) back in the day confirmed they take 50% of what's left after youtube's 30% cut. I'm guessing they might be able to negotiate a better cut at some point though