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> YaY for Government Genius, The government wants to tax your virtual dollars
Grif
post Oct 18 2006, 08:35 PM
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Hope someone didn't beat me to it.

http://secondlife.reuters.com/stories/2006...tual-economies/

Now while I agree with taxing someone who sold their account, or sold gold for real money, I dont get how it is even feasibly possible to tax someone for something they will never ever physically own.

Then again I might have missread the article, which if that is the case feel free to make me feel like a dumbass.
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rabble
post Oct 23 2006, 12:14 AM
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START THE REACTOR!


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QUOTE (impala454 @ Oct 19 2006, 10:58 PM) *
shit i think i saw a statistic somewhere that online WoW gold sales topped $6,000,000 last year


yeah but you have to report those gains on your taxes. If you make 30,000 off selling WoW gold (or whatever) you have to report it to the IRS. Its almost like double taxation.


--------------------
FUCK YOU
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impala454
post Oct 23 2006, 08:09 AM
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QUOTE (rabble @ Oct 23 2006, 01:14 AM) *
yeah but you have to report those gains on your taxes. If you make 30,000 off selling WoW gold (or whatever) you have to report it to the IRS. Its almost like double taxation.

heh... yeah i'm sure all the gold farming websites report their earnings to the IRS. not to mention people who just ebay a lot of stuff. i've sure as hell never included stuff i've sold on ebay in my income on tax day.
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