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Old 05-16-2006, 03:42 PM   #43 (permalink)
G10
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Quote:
Originally Posted by ablaye
Yes it does transfer money into my bank account.
The moment the money drops into your bank account, there is a trace back.

Quote:
Originally Posted by ablaye
But in theory, you could avoid to report your paypal earnings to the IRS and get away with it.
Possibly, in theory you could get away with a few transactions into your paypal account but the moment a business sends money over to you and they get checked out by the IRS, the IRS will see a payment trace to your account and will know that you have received payment.

The thing about electronic money is that it leaves traces.
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