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Reader Comments (2)

Posted: Nov 20th 2008 12:10AM ILPC said

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If they are getting taxed on virtual goods, can they pay with virtual money? ;)

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Posted: Nov 21st 2008 4:52PM (Unverified) said

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Many people fail to realize this, but it's taxation on profits made from virtual goods. Nobody is getting taxed on the amount of in-game loot and treasure they have on their avatar, they're getting taxed on the money they make from selling that in-game loot.

Perhaps it's legitimizing the gold selling, but it's a huge market in China, and I know they don't care about how it might hurt a virtual economy to legitimize it.
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