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IRS Wants Your PayPal Account

April 16th, 2006

Uh Oh… the IRS wants your PayPal account information now. It’s been reported that a summons has been issued by a US District Court Judge to PayPal to hand over records all the way back to 1999 - that’s pretty much from the beginning of PayPal. Apparently, the IRS wants to know who’s stashing up their cash offshore to avoid taxes. Full story on Yahoo news.

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