All too often we hear about players who generate a substancial RL earning by converting Lindens to RL cash through third party websites. I have often wondered how many of those players actually claim that converted game currency on their tax returns...
Open discussion...
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SL -> RL Currency Income Tax Poll |
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Prong Thetan
SimCast CEO
Join date: 22 May 2004
Posts: 168
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07-19-2005 00:40
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SimCast Entertainment:
Cutting edge game development in Second Life. |
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Catherine Cotton
Tis Elfin
Join date: 2 Apr 2003
Posts: 3,001
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07-19-2005 00:42
Zero.
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Vestalia Hadlee
Second Life Resident
Join date: 19 Oct 2004
Posts: 296
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07-19-2005 00:53
There have been a couple of extended discussions on this subject, where several top earners in SL have stated that they pay their taxes.
For additional background on this topic, a reader might want to check out this thread... /120/68/39101/1.html ...which I believe was the most detailed one (I'm tired and ready for bed, so my research skills might be off right now -- other threads may be found in a forum search using the keyword "taxes"  ._____________________
"Antipathy...against another disposes each more readily to offer insult and injury, to lay hold of slight causes of umbrage, and to be haughty and intractable when accidental or trifling occasions of dispute occur. ."-- George Washington, Farewell Address 1793
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Prong Thetan
SimCast CEO
Join date: 22 May 2004
Posts: 168
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07-19-2005 00:54
There have been a couple of extended discussions on this subject, where several top earners in SL have stated that they pay their taxes. For additional background on this topic, a reader might want to check out this thread... /120/68/39101/1.html ...which I believe was the most detailed one (I'm tired and ready for bed, so my research skills might be off right now -- other threads may be found in a forum search using the keyword "taxes" .Excellent link - thanks for the additional information! _____________________
SimCast Entertainment:
Cutting edge game development in Second Life. |
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Catherine Cotton
Tis Elfin
Join date: 2 Apr 2003
Posts: 3,001
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07-19-2005 01:03
There have been a couple of extended discussions on this subject, where several top earners in SL have stated that they pay their taxes. For additional background on this topic, a reader might want to check out this thread... /120/68/39101/1.html ...which I believe was the most detailed one (I'm tired and ready for bed, so my research skills might be off right now -- other threads may be found in a forum search using the keyword "taxes" .Wow well kudos to them  _____________________
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Prong Thetan
SimCast CEO
Join date: 22 May 2004
Posts: 168
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07-19-2005 01:04
The votes are rolling in fast....
I will post the results in a few days _____________________
SimCast Entertainment:
Cutting edge game development in Second Life. |
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Jesrad Seraph
Nonsense
Join date: 11 Dec 2004
Posts: 1,463
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07-19-2005 03:23
I never made enough money in SL to get past the threshold for taxes, but if I did I'd mention it as money made abroad (which it technically is), not subject to taxation here.
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Either Man can enjoy universal freedom, or Man cannot. If it is possible then everyone can act freely if they don't stop anyone else from doing same. If it is not possible, then conflict will arise anyway so punch those that try to stop you. In conclusion the only strategy that wins in all cases is that of doing what you want against all adversity, as long as you respect that right in others.
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Prong Thetan
SimCast CEO
Join date: 22 May 2004
Posts: 168
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07-20-2005 10:16
Thanks for everyone that voted so far!
Here is the first set of results: Yes 12 40.00% No 4 13.33% No comment 3 10.00% Does not apply 11 36.67% Voters: 30 Very interesting results so far  I will post more results again in a few days... _____________________
SimCast Entertainment:
Cutting edge game development in Second Life. |