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How to accept payments anonymously?

Discussion in 'Business & Tax Advice' started by infested27, May 12, 2013.

  1. infested27

    infested27 Registered Member

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    I want to sell legal services and products online but my European country has super heavy taxation (1000$ per month cost just to run a business) making it impossible for me to start any legal business entity.

    I need a solution where i can accept payments from clients for anything like fivver gigs or affiliate programs like clickbank through paypal and be able to withdraw them through a debit card from my country. The whole purpose of this is not to have the IRS attacking me for making small income sums like 1000$-10.000$ per year.

    After raising some capital i will either start an offshore company or completely move out of my country.

    So whats the best way to accept payments and stay under the radar? Btw paypal as i have found in my country allows 2500$ per year in transactions. After that it locks an account and sends all the info to my government for taxes.

    So far the only safe solution i can think of is accepting payments in bitcoins, use them to buy physical products, ship them in my country and sell them for cash to individuals. But this scenario is not going to work because noone uses bitcoins and it will be hard to even buy products with it.

    Is it even possible to just create a fake paypal account and accept payments and also use it to buy physical items or withdraw to an ATM?

    Is there any other solution?
     
    Last edited: May 12, 2013
  2. SavyCon

    SavyCon Regular Member

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    Bitcoin.
     
  3. dayatech

    dayatech Junior Member

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    most ecurrencies such as GDP, LR don't ask you to verify before you can transfer funds. Even though GDP does ask you to provide ID for large amount transactions, few people do verification. The maximum for unverified accounts is larger than most have in their accounts. So if you want to receive funds anonymously, just use the ecurrencies.
     
  4. Alpha.

    Alpha. Power Member

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    What country are you in? (If you don't mind me asking)

    The problem really is that most clients won't even know what a bitcoin payment is... paypal is used a lot and would be the easiest way, but there's no way to evade the IRS of whatever country the paypal acc is registered to.

    The only way to get a account with debit card under the radar is to use offshore banks. For a smallish sum you can start a IBC + get yourself a offshore bank account!

    Or maybe you should check out a escrow service provider that handles these transactions for you? But they take a hefty cut...
     
  5. SkyrocketSEO

    SkyrocketSEO Jr. VIP Jr. VIP Premium Member

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  6. Smurgi

    Smurgi Newbie

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    I don´t recommend you to use a fake paypal account. A fake paypal account. The problem is that paypal close this accounts very fast if the see that you receive often money. Then they ask you to registrate your account with your bank account. So if you receive $500 from a CPA company or so and then they close your PP acc, youre f****d up.

    I think there is no kind of 100% anonymous payment method. If you want more anonymously, use Liberty reserve. The don´t ask you fo your ID.
     
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  7. evangelist

    evangelist Newbie

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    yeah payonner is way better and and can be cash out through ATM
     
  8. infested27

    infested27 Registered Member

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    After doing some more research i am now 100% sure i could do this if i find a way to connect an anonymous paypal account to bitcoins.

    It works like this:

    1. Accept payments in anonymous/fake paypal account
    2. Use anonymous/fake paypal account to buy bitcoins
    3. Use bitcoins to exchange with cash or products

    I just need a middle man to accept the payments and send me the bitcoins...

    Is there any way to create an offshore with less than 200$ somewhere with no accounting work or taxes where i can just accept paypal payments legaly and then use that account online to buy bitcoins? Is there any other service that can do the middleman work anonymously for me?

    Has anyone done something similar?
     
  9. orzyman

    orzyman Senior Member

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    you will be good to use payoneer, i think.
     
  10. Kikerinka

    Kikerinka Senior Member

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    I am not sure if your statements about PayPal sending some info to tax offices is correct. But I doubt so. I personally receive money to paypal daily and obviously do not tax everything...
    Paypal has no responsibility to tax offices, except of its own revenues, as far as I know. So maybe your concerns are unappropriate.
     
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  11. dkanalie

    dkanalie Junior Member

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    Exchanging into bit coins usually also costs something - so calculate with a minor loss. Are there still sites where you can buy bit coins for paypal cash? I mean instantly.... Fake paypal also means it can be locked/closed easily, so maybe not worth the risk?

    Just by the way: May I ask in which European country you're located? Wasn't it in almost all countries tax free if your only income is <10K EUR / yr? Obviously if you have a normal 9-5 job this wouldnt count.

    At this revenue stage I'm not sure if all the hassle going anonymously is worth it or affordable.
     
  12. infested27

    infested27 Registered Member

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    Can i create a fake account with payoneer? if not it is useless because my government can just check my account info when i take money out of the ITM...its basically the same as paypal but with extra hassle.

    Paypal and moneybookers states that in Europe if you exceed 2500 euro income per year they send all your transaction info to your government to avoid money laundering and tax avoidance. In usa the limit is 10.000$ i think.

    You are right paypal is really a big problem...I should find another solution like only work with bitcoins but everywhere i look everyone only uses the paypal monopoly.

    I am located in Greece, the minimum taxation for a business is 10.000$ per year even if you have zero income, its a semi-communist hellhole prison. Most young people and businesses here either left the country or stopped working. The only reason why i still remain here is because i don't have any capital to immigrate into a real country.

    Right now i could make a decent living with 7k+ per year from working online and the greedy corrupted idiots don't even let me do that...
     
    Last edited: May 12, 2013
  13. Amsterdammer

    Amsterdammer Power Member

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    Do you have to start a company to receive money these days?
    You complete a task, you get paid for that task. No need to make more out of it then that.

    Payoneer has an employee/owner on BHW, you could ask him what you can't read on their website.
    Of course he will tell you that impersonation is not allowed but since all they need is a valid address to send your card to...

    I suggest you relax, take a cup of coffee and think about it some more. You are making it way more complicated than it really is. :p

    Just my 2 eurocents.
     
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  14. Kikerinka

    Kikerinka Senior Member

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    Wow, then I may have quite a problem... Please, can you refer me to the source where this is written? I would like to see it.
    Thanks,
    Kikerinka
     
  15. infested27

    infested27 Registered Member

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    http://www.blackhatworld.com/blackhat-seo/business-tax-advice/304397-paypal-limit-help-needed.html

    "You have received €1,800 or more in total payments to your PayPal account in this calendar year and are therefore approaching our annual receiving limit of €2,500. PayPal is required by law to comply with European Union Anti-Money Laundering regulations by collecting information from customers when they reach this limit."

    They send your info to your government so they can control you for Money Laundering and Tax Avoidance. Again i don't want to do anything illegal its just that in my country if you try to follow the rules you are dead.

    Official link:

    http://blankrefer.com/?https://www.paypal.com/gb/webapps/helpcenter/article/?solutionId=1209297&m=SRE
     
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    Last edited: May 13, 2013
  16. japiroto

    japiroto Newbie

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    Its the future!
     
  17. Gogol

    Gogol Elite Member

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    +1 for payoneer...
     
  18. theweg

    theweg Regular Member

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    Liberty Reserve?
     
  19. zebrahat

    zebrahat Elite Member

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    The OP's 3 step layout is fine (use anonymous/fake paypal, use fake paypal to buy bitcoin/LR, use BTC to get cash). It's more important to pursue the good (pseudonym activity) than try to achieve the perfect (100% anonymity), which may be elusive. The point is to not make your activity automatically trackable, or traceable to your name, and to perpetually challenge all tax assessments should they ever happen. Many countries' assessment systems are flawed (if not bogus) anyway, but they are set up to seize, garnish or freeze your assets before you can fight back.

    Operating based on a anonymous/pseudonym ID is meant to restore your financial privacy while protecting you from the potential end game. If you have made yourself judgment proof, and you use pseudonyms to make money and transfer/store the funds, you are functionally anonymous as far as the tax gestapo goes. If they do take the trouble to track you down, you can continue to contest the tax assessment knowing they have little leverage to levy or seize your assets, since they don't exist as they are not under your name.

    Wherever you can, take affiliate commissions by check, do so, and have checks sent to a different country via maildrop (that can forward mail to you). Paypal and direct deposits make it too easy for a tax system to track.
     
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    Last edited: May 13, 2013
  20. Crackus

    Crackus Registered Member

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    liberty reverse.