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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[The slow demise of virtual tax havens]]></title><link>http://massively.joystiq.com/2008/11/29/the-slow-demise-of-virtual-tax-havens/</link><guid isPermaLink="true">http://massively.joystiq.com/2008/11/29/the-slow-demise-of-virtual-tax-havens/</guid><comments>http://massively.joystiq.com/2008/11/29/the-slow-demise-of-virtual-tax-havens/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://massively.joystiq.com/category/economy/" rel="tag">Economy</a>, <a href="http://massively.joystiq.com/category/mmo-industry/" rel="tag">MMO industry</a>, <a href="http://massively.joystiq.com/category/opinion/" rel="tag">Opinion</a>, <a href="http://massively.joystiq.com/category/virtual-worlds/" rel="tag">Virtual worlds</a></p><a href="http://news.bbc.co.uk/2/hi/technology/7746094.stm"><img vspace="4" hspace="4" border="1" align="right" alt="" src="http://www.blogcdn.com/massively.joystiq.com/media/2008/11/secondlifeasiaat225.jpg" /></a>Is taxation of commerce in the virtual space inevitable? We've been hearing more and more about this <a href="http://massively.joystiq.com/2008/11/19/chinas-virtual-goods-taxation-sparks-price-increases-and-contro/">coming out of China</a>, South Korea, and Sweden, but a recent piece on BBC News -- "Slapping a tax on playtime" -- hits a bit closer to home for many of us. Flora Graham, a technology reporter for BBC News, spoke with <a href="http://mypage.iu.edu/~castro/About.html">Professor Edward Castronova</a> of Indiana University, well-known for his <a href="http://massively.joystiq.com/tag/edward-castronova">research and commentary on virtual economies</a> over the years, and game researcher <a href="http://massively.joystiq.com/tag/richard-bartle ">Dr. Richard Bartle</a> about the impact of taxation on games and virtual worlds. <br /><br />Castronova points out the idea of taxation of virtual goods exchanged for virtual money, saying, <span style="font-style: italic;">"... it's an extraordinarily dangerous development... It's as if every time I played soccer in my backyard and scored a goal, I would have to pay the government three euros. It takes away from the game's contribution to human happiness."</span><p><a href="http://massively.joystiq.com/2008/11/29/the-slow-demise-of-virtual-tax-havens/" rel="bookmark">Continue reading <em>The slow demise of virtual tax havens</em></a></p><p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://massively.joystiq.com"><img src="http://massively.joystiq.com/media/feedlogo.gif" alt="Massively" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://massively.joystiq.com/2008/11/29/the-slow-demise-of-virtual-tax-havens/">The slow demise of virtual tax havens</a> originally appeared on <a href="http://massively.joystiq.com">Massively</a> on Sat, 29 Nov 2008 20:00:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://news.bbc.co.uk/2/hi/technology/7746094.stm>Read</a>&nbsp;|&nbsp;<a href="http://massively.joystiq.com/2008/11/29/the-slow-demise-of-virtual-tax-havens/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://massively.joystiq.com/forward/1386150/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://massively.joystiq.com/2008/11/29/the-slow-demise-of-virtual-tax-havens/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>asia</category><category>china</category><category>edward-castronova</category><category>fantasy</category><category>richard-bartle</category><category>second-life</category><category>south-korea</category><category>sweden</category><category>tax</category><category>taxation</category><category>taxes</category><category>theodore-seto</category><category>virtual-economics</category><category>virtual-economies</category><category>world-of-warcraft</category><dc:creator><![CDATA[James Egan]]></dc:creator><pubDate>Sat, 29 Nov 2008 20:00:00 EST</pubDate></item></channel></rss>
