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(USA Today)   Paypal feels the cold touch of the rubber glove from the IRS   (usatoday.com) divider line 50
    More: Obvious  
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18384 clicks; posted to Main » on 12 Apr 2006 at 3:46 PM (8 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



50 Comments   (+0 »)
   

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2006-04-12 03:03:25 PM
Using Paypal to funnel money overseas to escape taxes???? That's a great idea, why didn't I think of that? Thanks IRS!
 
2006-04-12 03:50:05 PM
Hopefully they'll find something else while digging around in there. Somehow the IRS comes out on top as the lesser of the two evils here.
 
2006-04-12 03:50:41 PM
Nice headline!
 
2006-04-12 03:50:44 PM
sounds uncomfortable
 
2006-04-12 03:51:11 PM
Where is the UFIA tag????
 
2006-04-12 03:51:22 PM
This makes me feel all warm inside

/DRTFA
 
2006-04-12 03:51:31 PM
I'm not a turrist so I'm all for the the P.A.T.R.I.O.T. act...

Wha??
 
2006-04-12 03:52:04 PM
All users of paypal to be probed as well. Let me know if they lube it, TF'ers. HA!

/just kidding
//on the whole thing
 
2006-04-12 03:52:34 PM
fosnez: Where is the UFIA tag????

what does United Friends In America have to do anything?!?
 
2006-04-12 03:52:55 PM
Found it...

www.salooncrew.com
 
2006-04-12 03:53:12 PM
You know, if I did some sit-ups in the morning, or bent over like this I'd probably feel, oh 100 percent be... Moooooon Riverrrrrr whew... thank you doc... you ever serve time?
 
2006-04-12 03:54:17 PM
GOOD!!! and good luck to the govt trying to recover those funds. Anyone else try getting money back for a simple PS2 game? this lawsuit could take eons.
 
2006-04-12 03:54:50 PM
JoeyJoJo
I'm not a turrist so I'm all for the the P.A.T.R.I.O.T. act...
Wha??


*pokes his head in through the door* Oh, by the way, I was being sarcastic.
 
2006-04-12 03:54:58 PM
That is one of the best headlines ever.
 
2006-04-12 03:57:18 PM
JoeyJoJo
*pokes his head in through the door* Oh, by the way, I was being sarcastic.

PHEW! Well thank god you explained that one....
 
2006-04-12 03:57:32 PM
PayPal Sucks

/that is all
 
2006-04-12 03:57:38 PM
I got teh goosebumps by just reading the headline...
 
2006-04-12 04:01:43 PM
The government has the power subpoena private information about citizens? No! We shall not stand for this trampling on our rights! Down with the Patriot Act!

/I know
 
2006-04-12 04:03:31 PM
What about all the corporations with post office boxes in Vanuatu and other places like that? I suppose they get to keep all their money.

/just the man keeping us down
//yeah really
 
2006-04-12 04:03:50 PM
Dun da da! PayPal, the powers of a bank without any of the regulation...
 
2006-04-12 04:04:11 PM
Paypal for cleaning money, meh, noobs.

The way to do it is to buy a crappy house for say $70,000. Then you get a bunch of contractors who'll work for cash and not report it to make the 70K house into a $500,000 house. Sell the farker and avoid paying capitol gains tax on your first time. Spiffy, brand new, clean money that uncle sam can see. Done deal.

\not that I would know
\\no sir, I did all the work myself
\\\sorry about no building permit
\\\\would you take a slashie instead?
\\\\\no? well about 500 bucks?
 
2006-04-12 04:04:43 PM
couldnt happen to a more deserving company.
www.paypalsucks.com
 
2006-04-12 04:07:23 PM
www.runner.ch

Unavailable for comment.
 
2006-04-12 04:08:04 PM
Zagloba
Two by two...
 
2006-04-12 04:08:18 PM
fosnez
PHEW! Well thank god you explained that one....

Not familiar with Simpson's references are ya? You were supposed to answer with, "Well duh!"
 
2006-04-12 04:08:19 PM
Not a giant fan of the IRS, but I quit using Paypal years ago because of their rampant suckiness. I refuse to do business with any online company that doesn't provide an easy to find customer service telephone number. You should too.

/To the winged monkey reading this thread for Ebay - EAT ME!
 
2006-04-12 04:12:27 PM
Uncle Nuts

You can't polish a $70k turd into a $500k diamond.
 
2006-04-12 04:15:30 PM
tricycleracer

Yes you can.
 
2006-04-12 04:17:33 PM
tricycleracer

Like I said, I wouldn't know...
 
2006-04-12 04:19:06 PM
redswingline

You know, if I did some sit-ups in the morning, or bent over like this I'd probably feel, oh 100 percent be... Moooooon Riverrrrrr whew... thank you doc... you ever serve time?

You using the whole fist there, doc?
 
2006-04-12 04:23:19 PM
I hate paypal, they say I owe them 300 bucks for an item I sold legitly and the jackA#$ who bought it did a charge back. So I'm out the stuff I sold and 300 bucks if I ever decide to pay them. I won't go back to them ever. I hope the IRS finds something horribly wrong wtih paypal and shuts it the hell down or makes them pay millions of dollars in fines.

I think the IRS would probably do better to actually go after big corporations. Or maybe make offshore tax shelters illegal so all big business would have to play their full taxes.

/yeah I realize the IRS can't make laws but they could prolly help deal with bs like offshore tax shelters
 
2006-04-12 04:25:20 PM
JoeyJoJo
Not familiar with Simpson's references are ya? You were supposed to answer with, "Well duh!"

well actually I am, that is just after homer has been prancing around the room...

www.bluelinecomics.com
 
2006-04-12 04:27:45 PM
i36.photobucket.com

not a waste of time after all
 
2006-04-12 04:28:44 PM
This sounds like one hell of a fishing expedition. Turn over the records of all Americans using paypal so they can see if anyone is breaking the law? Is tehre some convention that's preventing the tinfoil hat brigade from going bonkers on this one?
 
2006-04-12 04:33:26 PM
So does this mean I have to come up with records for the minimal amount of items I have sold on ebay and been paid by paypal with? Ebay has been a clearing house for items that have been collecting dust for years.
 
2006-04-12 04:35:18 PM
Disgod: I won't go back to them ever

Are you sponsored then?
 
2006-04-12 04:38:23 PM
Whew. If it's the IRS, they can only bust you for tax fraud. They can't "catch" you complying.

My mom actually worked for the IRS, so I'm getting a real kick out of these replies...

But seriously, she would get tax forms with "Hitman", "Prostitute", "Street Hustler" as occupations. By law, the IRS can't exchange notes with law enforcement based solely on what you voluntarily put on a form. (The whole 5th admendment thing, and believe my, Uncle Sam has triend and lost this in court many, many times.)

Now if it was Homeland Security, I'd be worried. A) their record keeping is sloppy and b) My records have this natural tendency to jam the gears of filing systems and require me to stop in somebodies office to straighten them out.

If it's the IRS, and I'm not trying to break the law, it's annoying, and may require paying some back interest on something, but it's cool.

If it's homeland security I could... (what's that banging) ^ATH
***NO CARRIER***
 
2006-04-12 04:40:20 PM
schnee

Yeah, I had a really bad week(someone jacked 3000 bucks from me), I mentioned it in a thread, someone found pity on me and to cheer me up got me a free month of totalfark
 
2006-04-12 04:40:58 PM
The headline made me so happy.. but no it's just paypal getting ready to screw all of us here on the internets once more
 
2006-04-12 05:02:06 PM
What, the IRS found a number to reach the live PayPal turds... wish they would share it!
 
2006-04-12 05:22:03 PM
So it's ok for a company to incorporate in a tax-free country and declare a PO box for a headquarters, but if a person tries the same thing, they are a crook. I'm sick of the double standard in laws here... companies want free speech like the average joe, but they want to be able to spend more than half the population of Americans combined in lobbying.... they want to have no regulations that people don't have, but demand tort reform to protect them from people suing them for negligent behavior. I'm sick to death of the government constantly gunning for individuals while turning a blind eye to ever-growing corporate malfeasance.

Normally, I'd say it's your duty to pay taxes blah blah... but you are also supposed to get equal protection under the law... they are protected from the burden of taxes, why aren't we?
 
2006-04-12 05:45:11 PM
img142.imageshack.us

fosnez...here yo go. Enjoy!
 
2006-04-12 06:08:24 PM
This headline evoked a single thought:

*SNAP*
 
2006-04-12 06:36:42 PM
drjjr2

www.woodwardmediagroup.com

Bend over and drop your shorts, Mr. Babar.
 
2006-04-12 07:11:42 PM
firfly212,

because "we" are mostly jaded reactionaries and simple folk. CEO's look out at the rank and file and just laugh "we can run circles around those rubes in our sleep"! Those who listen to a.m. radio and then turn around and rah rah rah the ceo's make the ceo's just bust a gut! There are too many people in this world who have no idea they're being laughed at by ppl. they think are their friends.
 
M-j
2006-04-12 09:11:48 PM
They SAY they are doing this for "money overseas" but I bet that they are really going after people like myself (and tbernot) that are selling junk from their houses to crazy people and making a whole $20 a year from it.
 
2006-04-12 09:17:09 PM
Quick, to the paper shreader!

\Now, where did I put that degaussing magnet?
 
2006-04-13 01:38:35 AM
And I am sure the IRS will use this information soley for the purpose of finding offshore accounts. They wouldn't dare think of using it to calculate exactly how much money people are making off Ebay and not reporting as income.
 
2006-04-13 01:42:45 AM

You know, if the revolution ever comes, guess who will be the first ones against the wall.

It's not going to be the Sirius Cybernetics marketing department, I can tell you that.

 
kab
2006-04-13 12:01:36 PM
"So it's ok for a company to incorporate in a tax-free country and declare a PO box for a headquarters, but if a person tries the same thing, they are a crook. I'm sick of the double standard in laws here... companies want free speech like the average joe, but they want to be able to spend more than half the population of Americans combined in lobbying.... they want to have no regulations that people don't have, but demand tort reform to protect them from people suing them for negligent behavior. I'm sick to death of the government constantly gunning for individuals while turning a blind eye to ever-growing corporate malfeasance."

I can't remember what movie this IRS-type quote is from .."your first mistake is to think that the money you have is actually yours".

/loves the logic of paying tax on a used car, that was taxed once upon initial sale. Then again on gas. And again with dmv. And again with repairs.
//wonders how the revolutionists would feel about todays tax model
 
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