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Archive 06-21-2008 06:32 AM

eBay Reporting Provision
 
Posted By: <b>Randall A.</b><p><a href="http://www.freerepublic.com/focus/news/2033908/posts?page=8" target="_new" rel="nofollow">http://www.freerepublic.com/focus/news/2033908/posts?page=8</a>

Archive 06-21-2008 10:25 AM

eBay Reporting Provision
 
Posted By: <b>jeffdrum</b><p>the government is going to get their (or more than their) share of the gig.

Archive 06-21-2008 10:43 AM

eBay Reporting Provision
 
Posted By: <b>leon</b><p>I would think that if this goes into effect it will hurt Paypal's bottom line even more.....

Archive 06-21-2008 10:46 AM

eBay Reporting Provision
 
Posted By: <b>paulstratton</b><p>I thought Dodd was against "warrantless surveillance".

Archive 06-21-2008 10:48 AM

eBay Reporting Provision
 
Posted By: <b>Jodi Birkholm</b><p>I can't sell anything on eBay without accepting some form of online payment. My latest eBay account is under a year old, so this must be a fairly new rule. It bothers me to no end. Does anyone know how to circumvent this apparently mandatory inconvenience? Much appreciated.

Archive 06-21-2008 10:50 AM

eBay Reporting Provision
 
Posted By: <b>B D</b><p>will counter respond with legal action and at least delay this as long as possible!<br><br>BcD <img src="/images/happy.gif" height=14 width=14>

Archive 06-21-2008 12:49 PM

eBay Reporting Provision
 
Posted By: <b>Richard Simon</b><p>Did it not state that if passed it won't go into effect until 2011?<br />Did it not state that only transactions of $10,000 or more would be reported?<br />==<br><br>I refuse to engage in a battle of wits with an unarmed opponent.<br />Unknown author <br />--<br />We made a promise. We swore we'd always remember.<br />No retreat baby, no surrender.<br />The Boss

Archive 06-21-2008 09:36 PM

eBay Reporting Provision
 
Posted By: <b>Andrew S.</b><p>"Did it not state that only transactions of $10,000 or more would be reported?"<br /><br /><br />Transactions of $10,000 or more are already reported to the IRS by your bank. Most people simply don't realize it. Either via the Currency Reporting Act, or by Suspicious Activity Report.<br />


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