Is Paypal/Skrill/Neteller reporting according to AEOI ?

Discussion in 'TAX Issues or Questions' started by Macky, May 15, 2018.

  1. Macky

    Macky Member

    Anyone please can answer whether some of these online companies (Paypal, Skrill, Neteller) report the balance according to AEOI as of now, or not ? If not, when will they start doing so pls ?
  2. void

    void Trusted Member Business Angel

    according to my Skrill VIP manager they are not reporting anything for now (last time I asked about 10 months ago)
    they will start when the regulatory conditions will change - Electronic Money Regulations 2011 (FRN: 900001)
    but I can't say I believe them everything they say...
  3. respect

    respect Offshore Agent Entrepreneur

    PayPal does report to CRS: PayPal
  4. KJK

    KJK Building Trust Mentor Group Entrepreneur

    void can you please send me a private message or share some way of communicating with you?

    I'd like to ask you something private, I think we are in very similar situation doing very similar stuff and solving the same problems. I have some ideas to share and brainstorm.