Google adsense taxes? Please Help?

[Jake]

In the U.S. Google is required to report payments to the IRS if over $500 in a year, they send you a copy of the W9 given the IRS, normally they would have asked for tax identification information when you signed up, also in the U.S. they tack on an additional 15% self employment tax to the normal amount because there is no employer contributing to your benefits.

This suggestion suggests there is no reporting by Google outside of the U.S. but your spending had left an easy to trace money trail that they will sniff out sooner or later. Some American actors have done jail time after 'forgetting' to report their millions of income.

http://productforums.google.com/forum/#!...IMGAXc7pFI

Simple summary:
http://www.youtube.com/watch?v=jdk7lIqX170

A simple search for: adsense taxes canada, gets you lots of info.

That's US info pretty academic for a Canadian, but typically Taxes never go away, they just accumulate penalties, get advise from an expert, you may have to pay around 1/3 of those earning in taxes.

Congrats on the Youtube success.