We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies. However, you may visit "View Preferences" to provide a controlled consent.
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
The technical storage or access that is used exclusively for statistical purposes.
The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
4 Responses
This is very good news as hopefully these are the very same Paypal accounts being used by Chinese sellers evading UK VAT.
We can only hope that one day the UK courts can follow suit, or HMRC seize funds for breaking UK VAT laws.
It makes no sense to me, i guess this is because the US government does not take kindly to Chinese traders avoiding taxes etc etc. The American tax authorities are far superior to UK HMRC.
Its funny because we are quite happy to follow American policies and mimic them in everyday apart from when the normal everyday people will see a long term benefit. I.e Jobs growth and collection of higher taxes.
We often hear of British Companies and indeed Political Parties bringing in US Experts to advise them. Perhaps HMRC should bring in a few US Experts to advise them how to deal with Chinese Tax Dodgers. Then perhaps Chinese Sellers in the UK might find themselves being chased rather than ignored by HMRC.
Ha Ha, I’ve been saying for ages the Chinese bubble would burst.
I guess its hard to finance and fight a claim in the US courts from the profits of crappy £0.99 fake iPhone accessories which include free shipping.
Screw the lot. I’m glad PayPal is finally stomping on them – albeit in a sneaky manner – but they have done similar over the previous few years to many US sellers of “designer & brand name items”.
Good riddance to their fake and crappy items that take 4 weeks to arrive and then you get zero service if there is an issue.
Chineese sellers abused eBay for many years. I doubt after calculating how much they ripped off they will be too sorry about losing a few quid.
Only a fool would leave thousands in their PayPal account so more fool them, but i’m certain they will still whinge.
PayPal have executed an agressive strategy and for all the right reasons – and PP will keep the frozen funds! Let them start a crazy expensive defence in a US court (I doubt any will bother and PP know it). Ha Ha, good riddance, and about time.
Long live The Revolution!! 🙂