US government wants PayPal records to catch offshore tax cheats
Published April 15th, 2006
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The US government has ordered online auctioneer eBay’s payment service PayPal to turn over records that could expose foreign accounts where tax cheats have hidden money, PayPal said on Wednesday.
The US Internal Revenue Service (IRS) wants the San Jose, California-based “online wallet” to reveal the details of accounts linked to banks or credit cards in 35 countries, said Amanda Pires of PayPal.
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