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The IRS can get your Paypal Information

bizjournals:

The Internal Revenue service won approval Tuesday from federal court in San Jose to ask PayPal Inc. for account information on its customers.

San Jose-based PayPal, which is owned by San Jose-based eBay Inc. (NASDAQ:EBAY) is still evaluating its options, according to reports. The company enables online money transfers and the IRS is looking for information on people who be evading taxes by hiding income in other countries.

   

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