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Site Navigation Main    News    Forums Games    Games Database    Top 100    Release List    Support Files Features    Reviews    Previews    Interviews    Editorials    Diaries    Misc Download    Gallery    Music    Screenshots    Videos Miscellaneous    Staff Members    Privacy Statement   Lawmakers consider tax on transactions in online games Posted by Rendelius @ Tuesday - April 01, 2003 - 11:55 - Top | Game Info According to sources within the government, lawmakers are considering to impose a tax on transactions made in online games. One member of the comitee explained: "People are buying and selling houses, mounts, weapons and armor on a daily basis in MMORPGs. We estimate the value of goods in transaction to exceed 1.5 billion dollars a year. This could be a serious source of income for the state and we should not let this opportunity pass." The tax is rumored to be 7.5% of the value of the transaction. The bill also proposes the need to keep a record of the transactions for at least 3 years. Donations to other players (newbies) will be deductible from the tax. This way the comitee hopes to encourage "positive social interaction" in online communities. We'll keep you updated, of course.

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