The IRS is looking for ways to tax MMORPGS [Archive]

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Lester C.

10-21-2006, 11:22 AM

I heard rumors of people earning a living by selling in game items, characters, on ebay, but I had no idea the market was so big that the IRS wants a piece of the action. What do you guys think about this?
http://www.legalaffairs.org/issues/January-February-2006/feature_dibbell_janfeb06.msp

http://www.qj.net/IRS-looking-for-ways-to-tax-MMOs/pg/49/aid/69651

Sanagi

10-22-2006, 01:11 AM

They've been looking at it for a while, but I doubt anything will come of it. How do you define virtual wealth? Virtual possessions? If I could sell my memory cards with stat-maxed Final Fantasy characters to someone who's too lazy to exp-build himself, do I need to report that on my tax forms? It's a totally surreal can of worms.