IRS is going after Paypal . . . who is next?

[AceMan76]

I read an article earlier today about an IRS investigation of Paypal records. A federal judge has given the IRS permission to investigate their customer records. As Paypal is owned by Ebay, a US corp, there are no jurisdictional problems. The purpose is to try and discover hidden income of US citizens.

The IRS has to know about Neteller . . . what will be their strategy? US bank transactions with Neteller?

 

[Simmo!]

NETeller being IoM based would probably be safe from IRS action directly, but I would imagine their market listing would mean some sort of transparency of information is required, which would affect punters in the US. Just a guess.

What's interesting about paypal is that one or two casinos still accept it. That might stop!