Like someone said, if you know as much as you think you know, you wouldn't be asking these questions
withdrawing 100k from a stealth account ???
- Thread starter jasonbourne69
- Start date
Like someone said, if you know as much as you think you know, you wouldn't be asking these questions
That is pretty interesting. So you have the Chinese supplier ship the goods first to your "company" in the Philippines who will act as the importer and then ship it on to the US and acting as the exporter ?
Or they can just drop ship to me in US or other destinations, depending on what it is. But some things you do have to physically bring into Philippines to re-export
Well then how would $100K show up in your paypal?
being legit or not would make a huge difference. If you're legit, paypal isn't going to hold your money for mysterious reasons
if the funds are legit, there's no reason to go through all the hoops to withdraw
But if you have it shipped from China directly to US ( or other destination ) would it not be taxed as coming from China regardless of the invoice issuing company ?
And the other things that are first imported to the Philippines and then exported from there - the double freight charges would negate the tax savings, no ?
DFWi Reaper
Regular Member
- Nov 10, 2014
- 272
- 167
Too funny, anyone asking these questions doesn't have money yet. I only read the thread becuase I thought PP limited an account with this much in it...
PP will steal from you , find another way to get your imaginary money. LOL
Why is it that people who don't make money are so concerned about NOT paying taxes?
When you make $100k a year as a business owner and you do your taxes legally and properly, you pay about $10k in taxes, maybe less. As an employee you pay about $35k to $38K in taxes with a $100K a year income.
W2 folks pay all the taxes, don't worry about paying taxes 'when you are rich', the 'rich' don't really pay much.
You have about a dozen MORE important things to overcome first, like making this money.
Lol this is funny.... the rich write off more. But they definitely pay more. I have a few family friends that pay over a mill in taxes each year... if that's "really not paying much" then we need to talk! And no they don't share with me -_-
But to OP, if you made that much and didn't think of what to do till now, you have issues.
depends on what it is, and what the tax rates are
If you import by ship, the rates are ridiculously cheap, compared to air post. I mean you can fit a LOT of stuff in a 40' container.
Tiddlywink19
Regular Member
- Oct 5, 2014
- 431
- 133
Even if somehow you were able to withdrawl that from paypal, assuming the stealth account allowed it, have fun when you get audited by the IRS wondering how you made a down payment on a house, and only paid $253 in taxes the year before working at Walmart. Get out of here with the money laundering BS, I mean unless you like jail of course.
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IotaInsanity
Junior Member
- Oct 24, 2013
- 129
- 16
D4RK KNIGHT
Regular Member
- May 18, 2012
- 419
- 183
You would be dumber than a box of rocks to ever put 100k into any PayPal account!
mahan_eesh
Regular Member
- Jul 7, 2008
- 411
- 816
I can nominate this thread as Funniest thread of 2014 now lol thanks OP for providing us HUMOR service free of cost Well its worth $100k I say
lol thanks OP for providing us HUMOR service free of cost Well its worth $100k I say Haha, true. I withdraw as soon as I hit 2-3k on legit accounts. Never have or will trust PayPal with my money.
backstreet boys
Newbie
- Nov 24, 2014
- 49
- 2
to have 100 thousand in a paypal account your brain must be made out of jello