If you transfer money from your paypal to your bank, can there be tax related issues?
For example if you do
€1k every month to your bank
€2k every month to your bank
€5k every month to your bank
€10k every month to your bank
(not 1 payment)
Would your bank ever ask from where the money comes if it's transferred by paypal? Is there like a number and if you go past that number they will ask for info etc?
(Europe, not USA)
Does anyone have experience with this?
Thanks