Saw this a few days ago and just now figured out what was bothering me: Individuals will be taxed 3% on income earned from virtual currency trades, as specified by property transfer regulations, reports Beijing Evening News quoting a ... Go to Full Article

<img alt="" height="1" width="1"> Gaming Roundup: Ubisoft/Massive Entertainment; Whirled Launches ... paidContent.org, CA - 11 hours ago Members socialize, play casual games—and more importantly—buy things like clothing and furniture for their avatars with virtual currency. ... Go to...

<img alt="" height="1" width="1"> IMVU Music Opens: Think iTunes For Avatars CNNMoney.com - 18 hours ago Other virtual worlds have music-streaming features, of course, but here's the cool thing about this one: You buy music with IMVU's virtual currency, ... Go to Full Article

The main way that the micropayments are used is to allow players to purchase extra virtual currency. Players should be able to generate profits and revenues through their fantasy business by choosing jobs. However, if wrong business ... Go to Full Article

Individuals will be taxed 3% on income earned from virtual currency trades, as specified by property transfer regulations, reports Beijing Evening News quoting a Beijing Local Taxation Bureau employee. For those who provide an income ... Go to Full Article

<img alt="" height="1" width="1"> Gaming Roundup: Ubisoft/Massive Entertainment; Whirled Launches ... paidContent.org, CA - 10 hours ago Members socialize, play casual games—and more importantly—buy things like clothing and furniture for their avatars with virtual currency. ... Go to...

<img alt="" height="1" width="1"> IMVU Music Opens: Think iTunes For Avatars CNNMoney.com - 17 hours ago Other virtual worlds have music-streaming features, of course, but here's the cool thing about this one: You buy music with IMVU's virtual currency, ... Go to Full Article

<img alt="" height="1" width="1"> Real-World Music Comes To Fake-World IMVU. Will Real-World Taxes ... Silicon Alley Insider, NY - 19 hours ago ... expect a raft of new regulation to follow suit. China recently moved to tax its own virtual currency trade -- Western governments may not be...

<img alt="" height="1" width="1"> Beijing tax bureau to collect 20 pct tax on virtual profits - report Hemscott, UK - Nov 10, 2008 ... the option to pay three pct of total transaction volume. The tax specifically targets traders in virtual currency with the intention to sell at a mark-up. ...

<img alt="" height="1" width="1"> A Brand New 'Whirled' Forbes, NY - Nov 10, 2008 Based on the "Puzzle Pirates" virtual currency model, James has created a marketplace for virtual items and game expansions that cater to folks who either ... Three Rings launches Whirled online games site...

<img alt="" height="1" width="1"> China to Levy Real-World Tax on RMT Kotaku Australia, Australia - Nov 9, 2008 The announcement, which was distributed to local tax bureaus, specifically takes aim at those who buy virtual currency from gamers and surfers and sell it ... Go to Full...

<img alt="" height="1" width="1"> China to tax virtual currency from games Ars Technica, MA - Nov 5, 2008 The actual amount spent on this virtual money is staggering: according to the Journal, the country's virtual currency market is already worth several ... Go to Full Article

<img alt="" height="1" width="1"> China To Add 20% Tax On Virtual Good Profits Gamasutra, CA - Nov 4, 2008 The tax specifically targets traders and operations that buy virtual currency from others with the intention to sell it at a mark-up, such as "gold farmers" ... China to tax virtual...

<img alt="" height="1" width="1"> China to tax virtual goods income Eurogamer, UK - Nov 4, 2008 According to the Journal's Juliet Ye, the move "specifically takes aim at those who buy virtual currency from gamers and surfers and sell it to others at a ... China set to levy taxes on online...

<img alt="" height="1" width="1"> Fight the monster, make the cash Channel News Asia, Singapore - Oct 23, 2008 If you don't have time to invest in playing or learning to develop items, you'll need virtual currency to upgrade your character in games like MapleStory or ... Go to Full...