An interesting story - brings up some interesting questions...
Title: RE:Online gaming and taxes...
Post by: Epitaph on February 11, 2006, 09:52:29 AM
What companies would have to do if it started being taxable is simply ban the practice of selling virtual goods. This would remove the whole problem.
Title: RE: Online gaming and taxes...
Post by: Nephilim on February 11, 2006, 02:29:25 PM
The story goes in the wrong direction, they act like people sell dozens of weapons a year In most cases its just someone selling a account once or twice a year which in fine, well atleast in australia
Title: RE: Online gaming and taxes...
Post by: KDR_11k on February 11, 2006, 08:17:43 PM
Epitaph: With a few exceptions, the companies do ban the sale of virtual goods. They just can't effectively enforce it.
Not too long ago eBay started warning users that making more than (IIRC) 200€/a means you have to pay taxes on that money. Two accounts going for 120€ each would already put you into that bracket. Of course the biggest problem are the farmers who usually operate entire companies to gather stuff all around the clock and sell it. Would be funny if those big gold exchanges were shut down because of tax fraud...
