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.
There's no limit, I think, to PayPal. They have a limit for you to transfer your money to bank account, $500 per month. However that limit can be increased to no limit by verifying your SSN or Bank account.Western Union is reliable too, i don't know who charges more for transaction but we've been using WU for over 10 years for sure.Source(s): wanted to send some money to a country over sea but I don't know what is the limit you can send on paypal and how many times you can send a month.