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This excerpt taken from the EBAY 10-K filed Feb 28, 2007. Exchange
Control Reporting
Italian resident Participants are required to report in their
annual tax returns: (a) any transfers of cash or Shares to
or from Italy exceeding €12,500 or the equivalent amount in
U.S. dollars; and (b) any foreign investments or
investments (including proceeds from the sale of Shares acquired
under the Plan) held outside of Italy exceeding €12,500 or
the equivalent amount in U.S. dollars, if the investment
may give rise to income in Italy. Participant is exempt from the
formalities in (a) above, if the investments are made
through an authorized broker resident in Italy, as the broker
will comply with the reporting obligation on behalf of
Participant.
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