South Korea To Tax MMOs?

According to Digital Battle, South Korea is going to start taxing virtual items in MMORPGs. A VAT (value added tax) is going to be added to virtual items sold or bought online.

This brings up an interesting point, since several US senators are working to make it so you have to pay taxes on all items bought online. I wonder if they will put a special clause in for virtual items, or if it will only cover real items?

Please subscribe, or else I will cry. Do you really want to make a programmer cry?

Leave a Reply

Note: By submitting your comment you agree to this blog's comment policy.

If you want a little icon next to your name - sign up for one at Gravatar.