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Old 04-11-2006, 06:03 PM  
GatorB
The Demon & 12clicks
 
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Join Date: Oct 2001
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Those using Pay Pal to evade taxes watch out.

WASHINGTON (AP) -- The Internal Revenue Service won approval from a federal court to ask PayPal to turn over information about people who might be evading taxes by hiding income in other countries, officials said Tuesday.

A federal court in San Jose, California, gave the IRS permission to ask PayPal Inc. -- a company that enables online money transfers -- for account information for American taxpayers who have bank accounts, credit cards or debit cards issued by financial institutions in more than 30 countries reputed to be tax havens.

http://www.cnn.com/2006/US/04/11/pay....ap/index.html
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