Virtual world

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About a year ago, a Regional Fiscal Court in Cologne (Germany) ruled virtual renting of virtual land to be a VATable transaction.[1] In the case, a German taxpayer generated revenue by renting out…

“You looking to buy? Everything is tax-free.” Vendor bot Wallace, Berkeley Springs Station, Fallout 76 videogame   Public interest in taxation is rising in the recent decade. Digital giants and…

Back in 2000, computer gaming was revolutionized. Instead of sports games, ego shooters or other genres, people caught an interest in ‘virtual living’.  Games offered an extensive life simulation. To…