1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

PayPal in Germany - help from German ppl needed

Discussion in 'Making Money' started by HappyS, Nov 14, 2014.

  1. HappyS

    HappyS Jr. VIP Jr. VIP Premium Member

    Joined:
    Mar 15, 2013
    Messages:
    428
    Likes Received:
    63
    Gender:
    Male
    Hello there,

    I live in Serbia when PayPal is unavailable so I want to ask brother from Germany to open me an account. I heard in Germany they are really strict with some regulations, so I have 2 questions:

    1. I don't wanna annoy my brother too much, so I wonder will the bank call him every time I withdraw money from PayPal?
    2. Will they force him to pay taxes?

    Thanks
     
    Last edited: Nov 14, 2014
  2. Vrill

    Vrill BANNED BANNED

    Joined:
    Jun 16, 2013
    Messages:
    380
    Likes Received:
    374
    1.no
    2.no
    3.its possible tax department will ask about that money once a year
     
  3. blackcoffee7

    blackcoffee7 Junior Member

    Joined:
    Sep 27, 2014
    Messages:
    141
    Likes Received:
    46
    Home Page:
    Why can't you open a paypal account in serbia?
     
  4. HappyS

    HappyS Jr. VIP Jr. VIP Premium Member

    Joined:
    Mar 15, 2013
    Messages:
    428
    Likes Received:
    63
    Gender:
    Male
    What about the money on PayPal before I withdraw them to a bank. Are they taxable in Germany?
     
  5. digga

    digga Registered Member

    Joined:
    Jan 12, 2010
    Messages:
    60
    Likes Received:
    1
    I don't think it's taxable. Also, there is a tax excempt amount in Germany. I think it's 800 Euro per year.
     
  6. anfyd

    anfyd Regular Member

    Joined:
    Mar 7, 2012
    Messages:
    328
    Likes Received:
    133
    Location:
    Germany
    Here in Germany you are allowed to earn 450€ monthly. Multiple that by 12 months - and if he does not exceed that amount, he has no problems and does not need to pay taxes for that amount.
     
    • Thanks Thanks x 1
  7. HappyS

    HappyS Jr. VIP Jr. VIP Premium Member

    Joined:
    Mar 15, 2013
    Messages:
    428
    Likes Received:
    63
    Gender:
    Male
    My cousin has a job, so in total, it will exceed 450 euros monthly, but thanks for the tip.
     
    Last edited: Nov 16, 2014