Tagged: paypal tax
I know that PayPal reports to the IRS when it comes to American PayPal accounts. Does PayPal report to Tax Bodies in other countries,
Surely, PayPal report to tax bodies in all countries of the world except those regions where users aren’t able to receive PayPal payments.
That’s why PayPal requires your SSN even before you are able to accept a payment. Nowadays, governments want to control everything. PayPal has to follow local laws, and therefore, your earnings will be reported to tax bodies.