Making money with social media

[Seamaster]

Is Thailand or are Thais restricted from monetizing social media by FB, YouTube, TikTok, etc? Not product sales, but actually money paid from stated corporations for views.

 

What are banking, deposit and tax issues in Thailand?

 

We can skip any only fans discussion, thanks

[Trippy]

Many people are doing it.

[proton]

Don't YT pay you from the USA so taxed there and as such cannot be re taxed here? They might crack down on Thai vloggers not have a WP, one can only hope with some of them!

[Seamaster]

The media entity would be my wife's. From what I understand only select countries can be paid. Thailand wasn't on the list.

[Crazy Noobie]

On 7/16/2023 at 11:03 AM, proton said:

Don't YT pay you from the USA so taxed there and as such cannot be re taxed here? They might crack down on Thai vloggers not have a WP, one can only hope with some of them!

My son's girlfriend is a Youtube vlogger and gets paid monthly by Youtube in baht. She had to give Youtube her Thai id and etc. Which is the same way you would if you lived in the USA. You have to give them all of your tax info and etc. YT will not pay anyone until you give them all the paperwork needed.

[Colabamumbai]

Only Zukerberg, Besos and Musk make money from your online activity, selling your personal information. 

[ignore it]

That guy Nate of what is it? "My mate Nate" or something, seems to be making some money.

[Seamaster]

I was just curious.

 

The privacy concerns are real. Understood

[RichardColeman]

CAUTION : I guess if your social media platform decides to put gambling site links on it, you are in big trouble !

[wombat]

all the people I know who use social media for profit do it on their backs

[chrischronic]

Thai citizens are registered in Thailand via Google, and payment rates differ based on the country of residence. There was a recent article about the Tax department going after social media earners, which you can find with a quick Google search. They are urging those individuals to pay taxes in Thailand. Additionally, there are a few YouTube videos uploaded by lawyers and others, explaining the taxation rules for YouTubers in Thailand.

[Seppius]

Just search Thailand on YouTube, thousands are doing it, a few make decent money, there is a site somewhere that tells you what people are making on YouTube, forgot its name. I looked a few of the farang bloggers, making more than teachers for sure