Wise & Payoneer for Google Adsense & tax

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tyguy174

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Sep 27, 2023
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Hello.
I'm a Youtuber looking to open either a Wyoming LLC or Canadian LP or‌ LLP for tax purposes. I'm also a European citizen & living in Thailand.
Does anyone‍ have experience with connecting your google adsense account to either WISE or Payoneer? I'd prefer⁠ to open a Wise or Payoneer account with my Canadian LLP or US LLC.
I've read a few threads online about people not being able to connect wise or payoneer⁤ to adsense but opinions vary.
Also, I'm curious if I can input my Thai tax⁣ id on a Canadian or American adsense account (via w8ben or w8 form) to reduce⁢ the 30% withholding tax from the US, or will there no withholding tax be imposed︀ if an US Bank Account is used for adsense (through my LLC)?
Appreciate any advice!︁
 
I have the same question. Is there any US tax deducted if using a US‌ LLC and US bank to receive AdSense revenue? I'm a British citizen living in Thailand.‍
 
They will not deduct US taxes but they will‍ deduct WHT on royalties payments if no foreign tax id is provided from a DTT⁠ country.

1. The country in which you⁤ will register the company will determine the payoyt currency so for example if you register⁣ a US LLC payouts will be in USD, if you register a CA LP payouts⁢ will be in CAD and so on.

2. Wise offers both USD and CAD account︀ details so "in theory" you can connect it to AdSense but you surely need a︁ plan B.

3. By providing a foreign tax ID from a double tax treaty country︂ you'll be ble to lower WHT on royalties and receive payments in your connected bank︃ account but you'll pay taxes on that money if remitted in Thailand.
 
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