Archive for the ‘Taxation’ Category

Virtual world: tax man cometh – BizTech – Technology – theage.com.au

September 26, 2007

Virtual world: tax man cometh – BizTech – Technology – theage.com.au
Virtual world: tax man cometh

NICK MILLER
October 31, 2006
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Best consult your accountant before selling your Level 60 gnome warlock, for you may end up facing a terrible foe: the tax man.

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Virtual World Taxation: Theories of Income Taxation Applied to the Second Life Virtual Economy

September 26, 2007

Virtual World Taxation: Theories of Income Taxation Applied to the Second Life Virtual Economy
Unpublished Papers

Virtual World Taxation: Theories of Income Taxation Applied to the Second Life Virtual Economy

Timothy J. Miano, George Mason University School of Law
Abstract
A virtual world is a computer simulated environment in which users interact with each other via graphical representations of themselves. Second Life is one such virtual world released by Linden Lab in 2003. One of the most important and interesting aspects of virtual worlds is the depth and sophistication of the economies that develop among the users. In fact, some virtual worlds, including Second Life, have currency exchanges where users can trade real-world currencies for virtual-world currency and vice versa….

3pointD.com » Blog Archive » Virtual World Tax Debate Gathers Steam

September 26, 2007

3pointD.com » Blog Archive » Virtual World Tax Debate Gathers Steam
To the tax lawyers at the symposium, taxation of virtual assets seemed only a matter of time. But to the emissary from the Joint Economic Committee of Congress, a gamer himself, the picture looked more grey. Either way, it was clear that the debate was slowly reaching higher levels of policymaking circles, and that it’s only a matter of time (and maybe not that much) before Congress or the IRS starts making rulings that directly affect players of online games and the residents of virtual worlds like Second Life.

Reuters/Second Life » Australia says virtual income taxable – report

August 4, 2007

Reuters/Second Life » Australia says virtual income taxable – report
Australia says virtual income taxable – report
Wed Nov 1, 2006 10:11am PST