I just got the Paypal debit card . If I cash out money from PP via PP debit card , will I have to pay Tax each year ?
Generally, all your income is subjected to income tax and you would need to declare them, irregardless of how you use them or how you withdraw it. As long as you earn the income, you are subjected to income tax. Whether in the end you need to pay the taxes would depends on what deductibles you have or the rules of your land.