Quote:
Originally Posted by ravo
It's for the very reasons above that I refuse to do *any* exchange of funds. Too much risk for me...
|
It gets worse. There isn't just the risk of fraud. Those still doing transfers will probably find themselves in a lot of trouble.... tax-wise.
The risk of fraud, changes in legislation over the past 2 years and the refusal of a lot of people who want/need a transfer to do things the smart way,... make doing transfers simply not worth it anymore (not even if you charge 10%).
If you're an EU based exchanger and you ask your EU based clients for their VAT number, the majority will reply with "
you don't need that because Paxum/Moneybookers/Paypal/LR/... is "off shore""
Disaster waiting to happen.