Hi All,
I’ve just received an e-mail from PayPal asking me to insert my tax ID number because they need to report my transaction list to the Internal Revenue Code (IRC) that I guess is some kind of tax office of USA.
I’m an EU citizen so I don’t understand why PayPal needs these informations, I’ve found a FAQ on PayPal site: https://www.paypal.com/us/webapps/mpp/irs6050w
Are non-US PayPal accounts affected by this law?
Internal Revenue Code Section 6050W requires PayPal’s non-US subsidiaries to comply with the new law. As a result, non-US account holders may need to certify their non-US status and their address. US sellers using a non-US PayPal account may be required to provide a tax ID number (Social Security Number (SSN), Employer Identification Number (EIN), or Individual Tax Identification Number (ITIN)) for those accounts. If you have an account with one of PayPal’s foreign affiliates you may be contacted to certify your non-US status or provide a US Tax Identification Number (TIN).
So it looks like I’ll need to prove I’m not a US citizen.
I wonder if anyone else received that request.