|
|
|
Forum - General Questions |
|
|
|
Question
|
Paypal notice of IRS Summons? Anyone?
Hi guys/gals,
I have a paypal account which I use mainly for soundtrack purchases and the occasional sale on ebay. Recently, I received the following email from paypal. Did anyone receive anything like this before?
Thanks for any information.
--------------
Dear ________________ (name removed)
PayPal has received a summons from the United States Internal Revenue Service requiring us to produce various account records, including data related to your PayPal account. PayPal understands the summons relates to the IRS' offshore compliance program in which the IRS has sought information about offshore credit card accounts from a number of companies.
Your privacy is extremely important to PayPal. PayPal is obligated, however, to turn over the requested data. PayPal has been ordered by the United States District Court for the Northern District of California to provide the information to the IRS, and PayPal expects to begin providing this information to the IRS on January 10, 2008. The summons and court order both issue from the United States District Court in an action entitled: In The Matters of the Tax Liabilities of John Does, Case No. CV-05-04176-JW.
If you have any concerns about the disclosure of this information, you should consult with your tax or legal advisor. You may have rights in connection with the summons, including the right to seek to prevent the IRS from obtaining some or all of the information. The statute of limitations that limits the time in which the IRS may assert tax liabilities against you may be suspended beginning on the date which is six months after the IRS served the summons upon PayPal and continuing until PayPal finally resolves its response to the IRS. See 26 U.S.C. ยง 7609(e)(2).
PayPal cannot provide you with legal advice. If you have questions concerning the summons and court order, we encourage you to contact the IRS, your tax advisor and/or your attorney.
If you wish to contact the Internal Revenue Service regarding this matter, they can be reached at (215) 516-4777.
Thank You,
The PayPal Legal Team
matngkl, January 3, 2008; 8:59 PM
|
|
Answers
|
Well, if you are THE Basil Poledouris, then you are probably pretty rich. So of course, those greedy bastards will want to be all over you like flies on rice. They just want to suck up every drop they can find.
bugoobiga, January 9, 2008; 1:49 AM
look over here
http://ask.metafilter.com/80090/The-IRS-Paypal-John-Doeand-ME
1701, January 4, 2008; 12:42 AM
F*** the IRS!!
Why dont they make public your financial transactions, and even more : why dont they go and open your mail and check under your house or your backyard to see if you are hiding money??.
For them will be no problem, because they are just breaking all the laws of private property.....
Wait a sec!!! Are we living in URSS??
nicolas28, January 4, 2008; 7:09 PM
This sounds very suspicious. I buy and sell on eBay quite a lot and never received such a letter. If I were you, I would log onto eBay's 'help message board' and ask around there.
I personally think this is just yet another phishing ploy. They are getting increasingly harder to detect these days. Please do NOT forward any of your 411 or even respond to this message before you check it out with the experts.
I know eBay has a 'forward to' e-mail address that you can forward this message to in order to get validation and see if it's from a legitimate source. PayPal is an eBay company, so I believe you should be able to forward this to them for help on the matter as well. To find all these help options, click on the help tab on the top, right corner.
aprilwhitt, January 17, 2008; 11:13 AM
|
 Contribute an answer
|
|
|
Home
Forums