Virtual_tax
Virtual tax
Proposed tax on internet gamers
Virtual tax is a proposed USA tax on internet gamers for items bought or traded solely within the virtual world (Internet game worlds).[1][2][3] The tax on a transaction would be considered as if it were a purchase or sale (if real currency is involved) or barter (if not). Virtual property, on the death of the owner, would be considered as if it were any other intangible property for the purpose of estate or inheritance tax. The Joint Economic Committee of the U.S. Congress has investigated taxing such transactions.[4] This tax might include items bought with virtual currency, virtual items traded for other virtual items, real items traded for virtual items, and real currency traded for virtual items.