Paypal sending Data to Tax office?

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overseas

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Mar 13, 2020
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Does Paypal send any data to tax office in Austria if my company is in Belize and my living address is in Austria and passport is Austrian?

If yes what data do they send when do they send it ( after which limits)

Thanks in Advance
 
In the first place, I think that you can't use Paypal Belize to receive money as a business. Or at lease there are some limitations that makes a Paypal account from Belize useless. I tried it a long time ago. It is a waste of time.

I don't know in Austria but in germany and france, paypal sends data to the tax authority.

Paypal Is a reaallly bad idea. forget it.
 
I'm not sure if it's changed or not but last time I checked, they report automatically to the IRS on income over $20,000. In other countries, they report information when requested. The information would probably be name/DoB/address/tax number etc.
 
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