Monday, December 04, 2006

IRS taxation of game assets inevitable - PC News at GameSpot

Another Gamespot article (can you tell where I get my news?) predicts the government taxation of "virtual currency" in MMOGs, even if it's a currency that doesn't get converted to cash. My wish for a solution to MMOG addiction come true. It's really fine by me; they can tax my virtual a$$ all they want, as long as they don't start taxing my Killing Floor euros.

If you're a fan of MMOG (can you tell I'm not?), then you will be taxed twice: once when you purchase the sub, and once when you gain virtual currency. I can just see the tags when you log in: "You just got pwned by Uncle_Sam2007".

Read more at www.gamespot.com/news/6...

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