I better get this survey started before even more unexpected announcements cause us to rethink everything all over again. Culled from here and here (be sure to see the predictions I wasn't able to include) choose your top three, and let's see what the wisdom of the crowds really says. Deadline for voting is end of Sunday, January 21st. Follow the results as they're tallied here.
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Second Life income already is taxable if it really is income (as in USD). L$ aren't taxable (for now) because they have no legal value, but any USD coming in to your pocket sure is.
Posted by: Eddy Stryker | Sunday, January 14, 2007 at 08:10 AM
Last I heard, Australia is working on taxing the L$.
Posted by: Dolus Naumova | Sunday, January 14, 2007 at 10:52 AM
Yeah, they already made a statement on that:
http://gigaom.com/2006/11/02/the-virtual-world-taxman-arriveth-in-oz/
I'm going to interpret that "taxable" prediction as, "The US government issues an explicit tax policy on Linden Dollars and/or income from virtual world currency." Currently the topic is just being discussed in a Congressional subcommittee in very general terms.
Posted by: Hamlet Au | Sunday, January 14, 2007 at 02:00 PM
SL dollar income is taxable; it would be more noteworthy if SL investments in land became subject to capital gains tax, which would really put a dent in the style of the real estate tycoons.
Posted by: Barbarra Blair | Wednesday, January 17, 2007 at 09:59 AM
Regarding SL income as Taxable: It already is and always was.
According to the IRS, all income is taxable. period. if you make money in SL, it MUST be counted as your income and will be taxed appropriately.
Posted by: David Walker | Thursday, January 18, 2007 at 10:17 AM