Do I have to pay the GST charges to Paypal?
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I received a mail from paypal that contain monthly tax invoice to see a summary of the GST charges for the payments I have received. Do I have to pay the GST charges to Paypal?
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Fraud & Phishing
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Hello @Curlycharm
Thank you for writing in the PayPal help Community!
I can see how receiving that email would be concerning to you. If you receive any email about activity on a PayPal account, the safest way to confirm the email’s validity is to log in to a PayPal account via the PayPal website (not using the links in the email received). Here's the article with the information on how to spot and report fraudulent or phishing PayPal email or website to PayPal : How do I spot a fake, fraudulent or phishing PayPal email or website?
If you're eligible to receive the Tax form, PayPal will post the form in your PayPal account and also send you a email as soon as it's available. You can check the email's validity by logging to your account and accessing the PayPal Statements & Tax Centre page. Here's the article with the information on how to access your Tax form within your PayPal account : How do I access my tax forms from PayPal?
All US payment processors, including PayPal, are required to provide information to the US Internal Revenue Service (IRS) about customers who receive payments for the sale of goods and services above the reporting threshold in a calendar year. Here are the articles with the Information about how PayPal reports the sales to the IRS and other Tax related inquires.
I hope this information helps you,
Bindu
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