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.
^Does the IRS really want your World of Warcraft gold?, by Julia Layton, howstuffworks.com
^Are virtual assets taxable?, by Daniel Terdiman, January 17, 2006, CNET News.com
^Virtual Taxes: The Next Frontier in Virtual Property Rights in On-Line Gaming?, December 6, 2004, TaxProf Blog
^US Congress launches probe into virtual economies Archived 2010-11-04 at the Wayback Machine, October 15, 2006, Adam Reuters, Reuters
Virtualtax is a proposed USA tax on internet gamers for items bought or traded solely within the virtual world (Internet game worlds). The tax on a transaction...
massively multiplayer online games Concepts Virtual economy Virtualtax Social interaction in MMORPGs Virtual world Persistent world Player character Non-player...
A virtual economy (or sometimes synthetic economy) is an emergent economy existing in a virtual world, usually exchanging virtual goods in the context...
The IRS decided in March 2014, to treat bitcoin and other virtual currencies as property for tax purposes, not as currency. Some have suggested that this...
Colonies," which was given in parliament. The British government argued for virtual representation, the idea that people were represented by members of Parliament...
2019. Retrieved 1 June 2014. "IRS Virtual Currency Guidance : Virtual Currency Is Treated as Property for U.S. Federal Tax Purposes; General Rules for Property...
Virtual CFO (or vCFO for short) stands for virtual chief financial officer. A virtual CFO is an outsourced service provider offering high-skill assistance...
United States virtual currency law is financial regulation as applied to transactions in virtual currency in the U.S. The Commodity Futures Trading Commission...
Jennifer; Martin, Daniel (2008). "The VirtualTax Library: A Comparison of Five Electronic Tax Research Platforms". Florida Tax Review. 8 (9): 952. doi:10.5744/ftr...
Taxes in the British Colonies, Daniel Dulany Jr. of Maryland likewise observed that attempting to tax subjects on the inequitable basis of "virtual"...
Corporate haven, corporate tax haven, or multinational tax haven is used to describe a jurisdiction that multinational corporations find attractive for...
charter schools, magnet schools, virtual schools, homeschooling, education savings accounts (ESAs), and individual education tax credits or deductions. In 1955...
to receive both international and intensive media coverage. The Dutch virtualtax reforms of the 2010s encouraged the emergence of inexpensive print media...
and former or current government officials control them. They enjoy virtualtax exemption and customs privileges, preferential access to credit and foreign...
also called in modern times Geoism, and known historically as the single tax movement, is an economic ideology holding that people should own the value...
academic "tax haven lists", including the § Leaders in tax haven research, and tax NGOs. Ireland does not meet the 1998 OECD definition of a tax haven, but...
of Irish tax relief to the intragroup acquisition of a virtual group asset, except that it is for the purposes of facilitating corporate tax avoidance...
is an American virtual restaurant founded and developed by internet personality Jimmy Donaldson (MrBeast), in partnership with Virtual Dining Concepts...
been stolen from the VirtualTax Administration (ATV) platform, used by the government for citizens and companies to file their tax returns. In turn, the...
chemical physics Virtual machine image, an exact snapshot of a computer disk in a virtual machine State Tax Inspectorate, a Lithuanian tax authority Virginia...
[corporate] tax relief to the intragroup acquisition of a virtual [IP] group asset, except that it is for the purposes of facilitating [Irish] corporate tax avoidance...
there is no specific virtual currencies' legislation, except for the law approved in July 2021 on preventing and fighting tax evasion. Investors were...
beverage or other liquid Value-added tax, a consumption tax levied on value added VAT identification number Value Added Tax (United Kingdom) Vatican City, ISO...
(broadcaster), Belgium Vehicle registration tax (Ireland) Vertiv, a critical infrastructure company Virtual reality therapy, in medicine Volume rendering...
interact with the system. Apple has avoided marketing the device as a virtual reality headset when discussing the product in presentations and marketing...
or financial product. It can also refer more specifically to a real or virtual movement of money. Cash flow, in its narrow sense, is a payment (in a currency)...
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