Paypal policy update for sole proprietors or not only?

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Konstantin Coocheenin2017-07-20 15:46:20

PayPal

Konstantin Coocheenin, 2017-07-20 15:46:20

Paypal policy update for sole proprietors or not only?

Can anyone explain the new PayPal Policies Update that will be effective August 21, 2017?
This is not what I thought: if an individual who opened a PayPal account is part-time an individual entrepreneur, he must indicate his bank account as an account, and in case of withdrawal of funds, say, when selling an old mother-in-law laptop on eBay, he must withdraw them right there. At the same time, having included these very funds in the taxable base of IP?!
I really hope it's not.

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