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-   -   Withdrawing Money from PayPal (https://www.aspkin.com/forums/uk-ebay-paypal/80573-withdrawing-money-paypal.html)

Pawzy 12-10-2014 03:20 PM

Withdrawing Money from PayPal
 
Is there a way I can set up a stealth account all Anonymous info but withdrawing money out not to my bank account?

Anyway I can be completely steath in terms of no trace of my ebay activity in real life?

Thank you for your help in advance

GreenBean 12-10-2014 03:43 PM

Re: Withdrawing Money from PayPal
 
Sorry but the forum is NOT about these methods.

You earn money, you pay taxes.

VeRo is not viable long term.

:mad:

JamesNorth101 12-10-2014 03:45 PM

Re: Withdrawing Money from PayPal
 
No there is not.

You are always traceable to law enforcement. No such thing as totally anon online via EB.

Do not sell phakes and pay your taxes and you have nothing to worry about

Pawzy 12-10-2014 03:48 PM

Re: Withdrawing Money from PayPal
 
Where do I get info on paying taxes etc? I don't need to go self employed for a bit of income through ebay do I? I want to start of small and go bigger, longevity is key for sure vero is not what I want I just had in pocession of these and relucted to sell on ebay as no choice to sell.

How easy is it to set up the paperwork for going legit through EB ?

ilcarletto 12-10-2014 03:52 PM

Re: Withdrawing Money from PayPal
 
...and why you want to be be completely steath in terms of no trace of your ebay activity in real life?

Stealth works and there is no need to be completely untreaceable.

JamesNorth101 12-10-2014 03:54 PM

Re: Withdrawing Money from PayPal
 
You need to talk to an accountant about paying taxes.

Any income where an item has been sold for profit is taxable.

Pawzy 12-10-2014 04:01 PM

Re: Withdrawing Money from PayPal
 
Hi sorry for my misunderstanding.

My original question should be if selling VeRO items which of course many many do on ebay, are they paying taxes on such items?

After buying Stealth Guide I am now looking for Wholesale suppliers to sell non vero, but if I go this route it will limit my paypal am I better to make new paypal under stealth and start from scratch with fresh anon identity on EB/PP but with fresh bank account?

ilcarletto 12-10-2014 04:07 PM

Re: Withdrawing Money from PayPal
 
Nobody in here told you not to sell vero.

GB above just said that doing so your account will not last long.

Is there a law that says that if you sell vero you are not going to pay taxes?

JamesNorth101 wrote that if you have income, taxes are due.

Quote:

Originally Posted by Pawzy (Post 618510)
make new paypal under stealth and start from scratch with fresh anon identity on EB/PP but with fresh bank account?

If I correctly understood what you said, yes this is the way to go.

Pawzy 12-10-2014 04:13 PM

Re: Withdrawing Money from PayPal
 
I'll be honest it went from selling a couple to getting abit out of hand and a fair bit has gone through paypal, maybe I should go back to the drawing board start afresh do it all by the book but with a brand new stealth account.

Veros okay to sell aslong as you paying tax?

Many online veros are counterfeits and seem to get away with it (very high feedback/long lasting accounts) makes me wonder are they getting away with it because they have a stealth account but as they are declaring profit and paying taxes they are going under the radar as clearly its illegal to sell such items on the street.

Have I got this wrong sorry for this complicated thread, the site fascinates me and I thank for all your help.

JamesNorth101 12-10-2014 04:28 PM

Re: Withdrawing Money from PayPal
 
Vero is fine to sell so long as you have the correct permissions.
Phakes are not.

They are two totally different things.

GreenBean 12-10-2014 04:51 PM

Re: Withdrawing Money from PayPal
 
VeRo is never OK even if you pay taxes.

You need the permission of the IP holder of VeRo to onsell their goods.

It's a complex area and needs careful considerarion.

:ranger:

Pawzy 12-11-2014 06:47 AM

Re: Withdrawing Money from PayPal
 
Thanks for all your help

Conclusion ;- Steer clear of VeRo. Thanks guys


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