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It’s often been touted that the only “musts” in this world are death and taxes. In the world of gaming, simulated death is often a certainty, and while taxes exist in some of the most realistic of strategy titles, they’ve never REALLY come out of a gamer’s pocket before, but that may soon change.
April’s PC Gamer has reported some new proposed legislation that may get the MMORPG world in a bit of a snit. The federal government is considering taxing acquired items in MMOs that have real-world value. In a report to Congress, the IRS’s taxpayer advocate stressed the importance of taxes in ‘virtual worlds,’ (did he have lunch with NY Gov. Paterson?) claiming that the acquisition of virtual goods with real-world value—whether sold or not—could be taxable under the current system.
How this plays out has yet to be determined, but as I’ve said before (in the voice of Bart Simpson): “No one taxes my games!”
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If that’s the case then can we pay taxes using gold earned in WoW. I better sign up quick!
That sounds wacky.
Good point zauggru. But what exactly in WoW would have real-world value? The gold itself because it is sold on-line? Ultimately isn’t that whole process of selling these items for real cash against the User Agreement? Good luck with that one.
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