The Taxman Cometh… Yeah, Even Online!
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Watch out online communities and all you avatars out there, the taxman cometh… yeah, even online!
Rumours persist the taxman has created spies in Second Life and is now hunting for possible tax evaders – those of you who don’t declare the money you make within the online 3D world.
Tax inspectors are using a new high-tech snooper computer system to scan the site. The same software is being used to scan and monitor eBay too.
According to Britain’s Sunday Times, more than 13,000 people now make some sort of a living from Second Life. In July, 145 players earned more than $5,000 (£2,480) a month on the site, up from 116 in February. A further 5,384 earned $100 or more.
Bottom line - real or virtual, you can be assured if you make money you will face taxation…
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