Came across this at IT Toolbox
Quote:
Will you be getting a IRS Form-1099 From Azeroth?
HagarTheHorrible has slain a Dire Wolf.
Dire Wolf drop 10 gold (Adding $0.56789 to player income).
System Broadcast: IRS Form-1099s are being mailed to all players on Tuesday. Your form reflects $344,000 in income for the fiscal year. Say hello to the tax man for us!
The game log above may not be as far-fetched as it appears today. There are forces at work trying to get the IRS to treat in-game rewards as income and thus have you taxed directly for it. CNet has an interesting (and scary) article up on the subject at http://news.com.com/Are+virtual+asse...l?tag=st.prev.
This is almost too-strange for words. You don't have to pay income tax if you catch a home-run ball at a baseball game. If Barry Bonds signs that ball, you still don't pay taxes. But if you sell that ball, then you pay taxes. That's the way it should be. But the "tax everything" folks believe that trading virtual goods in virtual worlds should be taxed, even if no US currency is ever exchanged.
Tell us what you think about taxes in World of Warcraft, Everquest, and Dark Age of Camelot. Is your epic armor going to cost you an epic tax bill? Would such a change to tax policy stop you from playing these games?
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And it's not even the first of April yet...
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