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Taxing Virtual Gaming Assets
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Old 4th December 2006, 19:00   #1
Madshrimp
 
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Default Taxing Virtual Gaming Assets

"It appears very likely that taxation of online games assets is inevitable. Quote: 'That's because game publishers may well in the not too distant future have to send the forms — which individuals receive when earning nonemployee income from companies or institutions — to virtual world players engaging in transactions for valuable items like Ultima Online castles, EverQuest weapons or Second Life currency, even when those players don't convert the assets into cash.' "

http://yro.slashdot.org/article.pl?sid=06/12/04/1153236
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