Monday, March 9, 2009

Possible Taxation of Second Life

with the booming economy of secondlife, and the amount of currency exchange that occurs within the virtual world, there is a possibility of taxation on virtual money. It does seem logical to tax patrons of second life if they pull money out of the system if they are making a profit, but who ultimately decides what patrons of various countries pays a tax to and of what percentages.

It is a very plausible reality and it is worth reading the article

http://money.cnn.com/2007/03/02/technology/sl_taxes/