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Now here is (a bit of) good news …
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10-23-2006, 01:13 PM
jseal
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Join Date: Feb 2003
Location: Maryland
Posts: 541,353
Now here is (a bit of) good news …
The
Joint Economic Committee
(JEC) of Congress has announced that it is investigating the amount of commerce taking place in multi-player online role-playing game worlds.
The increase in the popularity of online gaming has brought about
virtual economies in the exchange items “won” or “stolen” during play
.
"There is a concern that the IRS (Internal Revenue Service) might step forward with regulations that start taxing transactions that occur within virtual economies," said committee chairman Jim Saxton. "
This, I believe, would be a mistake.
"
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