IRS Taxation of Online Game Virtual Assets Inevitable
Summary: This article discusses a recent conference held, where academics, lawyers, and scholars met to talk about the fiscal issues involved in social worlds and the virtual income they create.
Reason: The main reason i chose this article is because it is directly related to my e-paper, and so I was interested in it when i saw it. The ethical ramifications of a virtual world extend far beyond money, but it is interesting to see the routes which the government may eventually take to tax virtual assets i.e. MMO companies handing out 1080s.
Credibility: This article comes from the cnet, a credible online news source.
Monday, December 4, 2006
