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Calling to all Filipinos

Discussion in 'BlackHat Lounge' started by lumpia, May 2, 2009.

  1. lumpia

    lumpia Registered Member

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    Hi Guys (Kabayan)

    Do you pay taxes on money earned and withdrawed from Paypal?

    What are ways to minimize paying taxes? I am from Canada but I have families in the Philippines in which I would like to funnel my income to lessen the burden of paying taxes, hopefully.
    Just need some ideas on how it works or what you do.
    I know there are a lot of Filipinos here.

    Go Pacquiao Go.....

    Salamat mga Kaibigan.

    PS. Snowwhite, are you still in love with me? hehehehehe:):):D
     
  2. crappypaste

    crappypaste Junior Member

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    No. I don't know if the government cares for my paypal money, hehe. :D
     
  3. firstpage

    firstpage Power Member

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    I am running an outsourcing company in the Philippines. I'm not paying taxes though, lol. As long as you don't let the government check the paypal account, LOL.

    Anyway, I don't pay taxes on money from my paypal.
     
  4. lumpia

    lumpia Registered Member

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    Where are you from? beside your Philippine outsourcing, do you earn anywhere else?
     
  5. shizaru

    shizaru Regular Member

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    Hi lumpia,

    you don't need to pay taxes in paypal when you withdraw here in philippines.

    I hope manny wins! :)
     
  6. lumpia

    lumpia Registered Member

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    Ok. cool.
    I will forward all my earnings to my brother and he can withdraw it from there.

    So no limit???????
     
  7. shizaru

    shizaru Regular Member

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    There's a withdrawal limit of $500 per day.. :)
     
  8. red2004

    red2004 Junior Member

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    no taxes in paypal philippines.. That's what I know and heard..

    GO PACMAN! woot woot! ;p
     
  9. shizaru

    shizaru Regular Member

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    you're from philippines too..? :p
     
  10. lumpia

    lumpia Registered Member

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    OK. I signed up Paypal Philippines under my brother's name.
    Do you have to be premium to withdraw money of your paypal?
     
  11. crappypaste

    crappypaste Junior Member

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    You must verify your account using credit card and add a bank account to be able to withdraw from paypal.
     
  12. shizaru

    shizaru Regular Member

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    nope.. you can just select the personal account. :)
     
  13. lumpia

    lumpia Registered Member

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    It is not giving me the option to put the banking info in there.
    Just a link to credit card.
    Do I have to put money first?

    never mind, I found it.
     
    Last edited: May 3, 2009
  14. dushkarn

    dushkarn Newbie

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    Hi! I also use paypal but i send it to my brother's paypal so he can send it back through remittance. I hate getting that almost $20 fee for transfering. Anyone know how to cash out in citibank? Thanks!
     
  15. hecron

    hecron BANNED BANNED

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    I dont pay a cent... when withdrawing from bdo
     
  16. firstpage

    firstpage Power Member

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    Yeah. I also earn from other things.
     
  17. suade

    suade Regular Member

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    i have bdo account how can i transfer money to my bdo atm
     
  18. wangbu

    wangbu Newbie

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    attach it to your paypal then withdraw....

    Guys, Philippine government hasn't discovered BHW yet so they don't know that there are guys earning online :D

    Pacquiao won btw :cool:
     
  19. firstpage

    firstpage Power Member

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    A lot of Filipino's up this late, i think its 3:30 or 4am PH time. LOL
    :D
     
  20. hecron

    hecron BANNED BANNED

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    pacquiao FTW! 2 rounds haha taob kalaban