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2022.08.26

YouTube Channel Sold for 2 Billion KRW — Any Tax Issues?

The sale of the YouTube channel “Shin Saimdang” for 2 billion KRW by YouTuber Un-gyu Joo a few days ago has attracted attention to content creators. In addition to the regular income, sale of a channel, advertising income, and other irregular incomes, must all be reported for composite income tax. It is also important to review the contracts for any legal issues, such as the portrait rights of the content creators. Partner attorney Sangjin Cha discussed legal caveats for YouTubers who operate in the new business field of content creation. [Law TV Network 08.26.22]

 

URL: YouTube Channel Sold for 2 Billion KRW — Any Tax Issues?