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Paypal tax ?

Discussion in 'Business & Tax Advice' started by travelerbg, Jul 8, 2010.

  1. travelerbg

    travelerbg Regular Member

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    Sorry for the newbie question , but im not experienced in paypal payments .

    I want to transfer few bucks to paypal account ( payment for 1 article ) .
    How should i send them to avoid taxes ? Should i send them as a gift ?
    Its pointless to send 2 $ and pay 2 $ transfer tax .
     
  2. travelerbg

    travelerbg Regular Member

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    ahh yes i mean fees , sorry
     
  3. shravandude

    shravandude Jr. VIP Jr. VIP Premium Member

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    I dont think that there will be fee if we send it as gift. Its the best way to send the money without fees.
     
  4. Gromered

    Gromered BANNED BANNED Premium Member

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    When i last time sent 2 euros, tax for 20 cents, but its being a while i did it. So not sure about is that tax "updated"
     
  5. shravandude

    shravandude Jr. VIP Jr. VIP Premium Member

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    Have you got the paypal fees in terms of cents or euroes usually paypal takes some fee when you pay money in terms of service or goods.