Thursday, January 15, 2009

Virtual World Taxes

Taxpayer advocate Nina Olson has recommended the IRS "proactively address emerging issues such as those arising from virtual worlds." Virtual world economies are growing fast with some entrepreneurs becoming virtual moguls. This has set up tax ambiguities that the IRS is now beginning to work out. Virtual Ron Paul and his virtual supporters are not going to be happy.

(image: mmocrunch.com)