We just this from one of our sponsors:
"PayPal is owned by Ebay.
Ebay is an informant to Big Brother. Ebay basically hands-over
your personal and financial data to anyone with a letterhead.
No subpoena is required. I suggest reading the whole article,
you may find it very interesting what low opinion Ebay
apparently has of your privacy.
Ebay is always happy - and keen - to turn you in, for
anything. They will even turn you in for nothing.
http://research.yale.edu/lawmeme/mod...rticle&sid=925
This is less privacy than you would find at a bank. I know
that some Associates may find this a seriously objectionable
intrusion upon their financial privacy, hence this message
to you, as a formality for your information.
It is logical that the IRS & tax-authorities probably already
have data-feeds and can cross-reference these against your
tax data. With all the billions of dollars of transactions at
PayPal, and the fast-moving business world of the Internet,
IRS would inevitably catch people out for accounting mistakes. "
Interesting
