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Old 08-20-2005, 12:45 PM
BigF BigF is offline
Senior Member
 
Join Date: Dec 2004
Posts: 112
Default Re: Besides the Ethical Implications........

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So the obvious answer is to withdraw all winnings via Neteller debit card? Am i mistaken in thinking neteller is also based outside the US, and probably wouldnt give records to the IRS?

jvs

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Since 911 Neteller has agreed to release any financial records requested by the proper US authority. It was to abide by a formal agreement between the US and Canada.

So they do not automatically submit the data to the IRS but it will not be witheld if requested.

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That, and the debit card is drawn off of a US bank.

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I'm stunned every time I hear people on these forums say that you could use Neteller debit card to get cash and not claim the income because there's no paper trail. They were being serious too.
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