Sii Estimates Influencers Revenue to Amount to Nearly $54 Million a Year and Focuses on Instagram, Youtube, Tik-Tok and Twitch

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The digital world of influencers poses new challenges for the Internal Revenue Service (IRS). The agency, under the Ministry of Finance, has intensified its efforts to understand the business model of content creators, in order to determine how they monetize their activities, what services they offer, which are the most profitable platforms, how they tax and who earn the highest income. As part of their audit work, the tax authority usually send…