IRS Notice to PayPal

26 July 2008

What next? First Neteller now PayPal. What do we expect form the US Government? They are taking more and more of our rights to privacy away. And they will continue to do so, till the American people stand up and fight!!!

This is an email PayPal are sending out to their customers:

Dear ()

PayPal has received a summons from the United States Internal Revenue Service requiring us to produce various 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 United States District Court in an action is 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 s 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.

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

You can read all this and more about it:

Related News

  • 10 November 2006


    CNN MONEY BetOnSports ban separate from tax suit against company executives. November 10 2006: 4:29 PM EST ST. LOUIS (Reuters) — BETonSPORTS Plc and government prosecutors agreed Thursday on a court order permanently restraining the indicted online gaming company from taking bets in the United States, according to a release from a U.S. Attorney Catherine L. Hanaway.

    Read full article
  • 18 April 2011

    Update on F.B.I. Online Poker Crack Down

    Today if you go to, absolute or and you will find a page from the FBI that says: “This domain name has been seized be the F.B.I pursuant to an Arrest Warrant in Rem obtained by the United States Attorney’s Office for the Southern District of New York and issued by the United States District Court for the Southern District of New York.

    Read full article