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by aresant 5208 days ago
This is going to be interesting.

Anybody selling "virtual items" will have a cost basis of "0" if self created, so everything is "profit" in the IRS' eyes.

If Blizzard is collecting the payments they are obligated to track those transactions and report anybody that hits the minimum 1099 threshold.

If you're in CA and sell to somebody in CA will you have to pay the state board of equalization too for sales tax?

Very curious to see how this is all addressed.

2 comments

Hardly '0'.

The game. The hardware to run the game. ISP cost. The fees.

It all adds up. Not to mention Blizzard will be implementing their own restrictions (AH and $ limits) to choke and put up barriers for those that really want to make this a full time job.

Is it too much different from how ebay deals with it?