by Jeff Woleslagle on Nov 04, 2006
Finally, a serious threat for secondary market exploiters!
The Australian Tax Office is about to lay the smackdown on people making money from MMO virtual economies! Check out this piece from Australian newspaper, The Age
Best consult your accountant before selling your Level 60 gnome warlock, for you may end up facing a terrible foe: the tax man.Virtual lifers making virtual fortunes in virtual worlds such as World of Warcraft or Second Life could face a real tax bill, the Australian Tax Office warns.
Read the full article! It's a good sign that governments are starting to take this issue seriously... and maybe it might do something about gold farming! If you can't beat 'em... tax the bastards to death!