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IRS Compels PayPal to Release Info

An anonymous reader writes "Just in time for the tax season, the IRS won a federal court ruling, allowing them to force PayPal to turn over records of American taxpayers who have certain foreign accounts. It's all part of an ongoing effort to track down money held in offshore accounts by would-be taxpayers. A spokesperson for PayPal acknowledged receiving the summons (PDF) and said 'We're still evaluating our options [...] The privacy of our customers' information is something we take really seriously.'"

4 of 328 comments (clear)

  1. Eh? by carterhawk001 · · Score: 0, Offtopic

    Some kind of conspiracy, this exact same story just showed up on fark at the exact same time.

  2. Re:Aww, poor tax evaders! by itsdave · · Score: 1, Offtopic


    I wonder what it is like to see the world through your eyes.

    what a wonderful world we would live in if the United States would just quit funding the military, why.. there would most certainly be world peace.

    oh, you only said reduce military spending... somehow I doubt you would be happy until we reduce it to nothing.

  3. Re:Aww, poor tax evaders! by DrEldarion · · Score: 1, Offtopic

    What you're saying is like saying that cable thievery is justified, because the cable company is stealing from people by charging for their service.

    So who's the thief, here, again? The government providing services and charging for them, or the person taking advantage of the country while not contributing? If they don't want to pay taxes, then they can move somewhere they don't have to pay taxes. If they want to stay here and take advantage of what the country offers, then they need to realize that they have a responsibility as a citizen to pay the taxes.

  4. Re:Aww, poor tax evaders! by GigG · · Score: 1, Offtopic

    Let's take a nice peaceful year from the past, say 1958. Defense spending was 10.2% of the US GDP. In 2003 the year we invaded Iraq it soared to a staggering 3.7% of the GDP. Get a clue the military isn't where our money get spent.

    --
    Is buying a Harley Davidson as your first motorcycle since you were 16 at age 49 a midlife crisis issue?