A court order will allow the Internal Revenue Service to ask PayPal, a money transfer service owned by eBay Inc., to turn over information on customers who might be evading taxes.

A federal court in San Jose, Calif., said in February that the IRS could request account information for American taxpayers who have bank accounts, credit cards or debit cards issued by financial institutions in more than 30 countries suspected of being tax havens.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access