I e-mailed Neteller this question. (Their answer is before my question) Read below:
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We do not report to the IRS unless it is pursuant to a subpoena, court order, or other formal request.
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From: Matt
Sent: Monday, April 04, 2005 7:08 PM
To:
compliance@neteller.com
Subject: Reporting to USA authorities
Hello,
I have a question on NETeller accounts. Does NETeller report the banking activity of it's United States costomers to United States authorities/taxing agencies? What is the policy. Is it done only if there is a request from the United States Government, or is it not done at all?
Thank You,
Matt