israeli webmasters - beware
 

guy just got 10 months in jail and a 550,000 NIS fine for not reporting revenue via paypal:
http://www.ynet.co.il/articles/0,7340,L-3344685,00.html

here is an article about the regulations:
http://www.ynet.co.il/articles/0,7340,L-2366553,00.html


from what I hear around with a couple of friends in the biz: tax ass motherfuckers are all over the country these days.
regulate and legalize yourself.

for them to know about revenue from PayPal someone has to snitch

own3d...:Oh crap

Electronic transfers. Easily track able by big brotha.

:2 cents:

but why should anyone starting asking the big brother ? someone pointed a finger and said: "this guy is making too much money - check him out"

they are kikes. they'd sell their own mother to turn profit.

Minus the "K" word, I agree with the comment.

Electronic transfers are just taxman bait.

1. Always pay your taxes and never cheat on them.
2. Stay away from anything remotely kiddyish in nature.

When will these people ever learn...

i can't reaqd shit.. what are those

"בן, אשר ניהל אתר אינטרנט בשם money4u באמצעות תאגיד ואתר אינטרנט

PayPal is not exactly some confidential banking operation - got no doubts whatsoever it's not just Israeli webmasters who can have a problem.

Would not be a surprised if the IRS did an "excerise" on PayPal, - same as they did with VISA Miami a few years back.

this is scaryy...