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 customers don't need a PayPal account to pay with PayPal. They can pay with their credit cards. In some countries, even with a Business account, PayPal will require your customers to pay using a PayPal account. To confirm this, please contact your local PayPal support team. With PayPal Express, the default is set to ask customers to login into PayPal (or create a PayPal Account).