• Guildo@feddit.de
      link
      fedilink
      English
      arrow-up
      4
      ·
      edit-2
      1 year ago

      it’s a bit complicated, if you have to spend tax on it - but, yes

      • SSUPII@sopuli.xyz
        link
        fedilink
        English
        arrow-up
        2
        ·
        1 year ago

        In my country Paypay doesn’t tax when doing Friends and Family transactions, but do when you are sending to an account from another country

        • Guildo@feddit.de
          link
          fedilink
          English
          arrow-up
          3
          ·
          1 year ago

          In germany it demands on the conditions. If you get too much, they will ask why and where you got it. So, if you get small amounts it’s totally ok, if it gets more you will get problems.

          • SSUPII@sopuli.xyz
            link
            fedilink
            English
            arrow-up
            2
            ·
            1 year ago

            Isn’t like that anywhere really? Paypal applies a hard limit on the max amount to send via Friends and Family, needing you to use the taxed other method where it becomes pretty much a bank transaction. For exchanging big sums in general the only real choice is a bank transfer with your real cards.

            • nodiet@feddit.de
              link
              fedilink
              English
              arrow-up
              1
              ·
              1 year ago

              I think you are confusing taxes with fees? I don’t think PayPal will pay any taxes for you even if you don’t use the “friends and family” feature.

          • SSUPII@sopuli.xyz
            link
            fedilink
            English
            arrow-up
            1
            ·
            1 year ago

            That should be specified some law in each of our countries that specify the amount you can do as independent before its going to be taxed.