True gifts. This rule applies only to true gifts. You canât avoid paying income tax by calling something a gift when it isnât. For example, a âgiftâ you receive in exchange for services or some other consideration isnât a gift. Income after gift.
Actually, they can. PayPal will put your account into a negative balance and any funds you add or receive will first go towards that negative amount. If you keep a negative balance for over 30 days, they will send you to collections and close your account.
Your friend can transfer money out of her Paypal account to her bank account. The big thing that is missing from international Paypal accounts vs. American ones is that to make payments via Paypal, you can only use credit cards, not a bank account.Withdrawing money received however is not a problem. She can't withdraw cash directly from Paypal though, it has to be a bank account. Japanese Paypal account holder cannot send or receive for personal payments, only for goods/services payments in which case the receiver will be charged a fee. The details of the fee depend on how much you receive (https://www.paypal.com/j p/cgi-bi... ) but it is roughly 3-4%.