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  1. 2009-01-13 11:25 #1
    Olo401
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    IRS advocate wants to tax online economies..

    Honestly.. this can't possibly be real.

    http://www.maximumpc.com/article/new...tual_economies

    Edit: posted the wrong link.. don't want you guys to read through hundreds of pages of government reports!
  2. 2009-01-13 11:27 #2
    Kaisha
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    We talking MMO economies that involve real money, or actual fantasy-money? If it's the latter I'll join you on your comment.
    (I can never understand that kind of legal mumbo-jumbo documentation)
  3. 2009-01-13 11:31 #3
    ZarakiKujata
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    International Revenue Service eh?

    it's not April 1st.
  4. 2009-01-13 11:35 #4
    Olo401
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    Quote Originally Posted by ZarakiKujata View Post
    International Revenue Service eh?

    it's not April 1st.
    I'm pretty sure that's a misprint. The link they posted (the original one I used) goes to the Internal Revenue Service website.

    And yeah, the article makes you think they want to tax earnings in online currencies as if they were real.
  5. 2009-01-13 11:40 #5
    Yuri-G
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    If they're talking about taxing RMT transactions, I disagree, but at least it kinda makes sense. If you make $2000 in real-life money from selling your account or from selling currency you are making income, and most income is taxable.
  6. 2009-01-13 12:33 #6
    Alleya
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    Quote Originally Posted by Yuri-G View Post
    If they're talking about taxing RMT transactions, I disagree, but at least it kinda makes sense. If you make $2000 in real-life money from selling your account or from selling currency you are making income, and most income is taxable.
    That's like taxing a garage sale.

    The expense to the IRS of taxing the few professional gold-farmers in the US would outweigh how much revenue it actually generates to do so.
  7. 2009-01-13 13:04 #7
    Arnwulf
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    This article seems to come out almost every year....
  8. 2009-01-13 15:55 #8
    #686578
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    The whole thing is pretty much summed up as

    but who would really want to get caught up in paperwork just to play a video game?
    No one would want to do that. And they couldn't even tax most that normal players do in MMOs that aren't like FLYFF (Off the top of my head, where you it's f2p but have a shop that you pretty much have to buy from to be any good) because there's no real money transaction. Furthermore the only way you could possibly get people to follow this would to require video games to keep automated logs that the player could access, 'cause there's no fucking way I'd do that by hand.
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