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Legendary Clint
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Posted - 2007.09.11 23:12:00 -
[1]
I had a very interesting discussion with an anonymous source from the UK Inland Revenue and they have made a serious investment into investigating their ability to tax income from virtual worlds.
This project is well advanced and will affect EVE (the EULA is meaningless against UK budgetry law) - you heard it here first !!
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Adonis 4174
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Posted - 2007.09.11 23:13:00 -
[2]
Nope, I heard it on The Register months ago. It'll never get through.
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Visible Implants - good for so many occasions |
Vim
Spiritus Draconis
Praesidium Libertatis
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Posted - 2007.09.11 23:13:00 -
[3]
What income?
We make play money, will they tax everyone playing monopoly to?
/*
Whats a guy got to do to get a smile off around here
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Sir Scorpion
Black Banners
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Posted - 2007.09.11 23:13:00 -
[4]
well end of eve in the UK aye? oh well
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Niccolado Starwalker
Shadow Templars
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Posted - 2007.09.11 23:14:00 -
[5]
 Originally by: Legendary Clint
I had a very interesting discussion with an anonymous source from the UK Inland Revenue and they have made a serious investment into investigating their ability to tax income from virtual worlds.
This project is well advanced and will affect EVE (the EULA is meaningless against UK budgetry law) - you heard it here first !!
There is no way they can tax something that don't exist. ISK is a virtual currency. If they tax something that dont exsist, I will simply pay them the same way: with something that does not exsist.
Originally by: Splagada
you're on eve-o, just go for blunt insults and random crap, please!
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Jinmie
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Posted - 2007.09.11 23:15:00 -
[6]
They can't tax virtual money you aren't allowed to sell.
Next you'll tell me they will try and tax bank robbers >.<
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Jonathos
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Posted - 2007.09.11 23:16:00 -
[7]
Originally by: Legendary Clint
I had a very interesting discussion with an anonymous source from the UK Inland Revenue and they have made a serious investment into investigating their ability to tax income from virtual worlds.
This project is well advanced and will affect EVE (the EULA is meaningless against UK budgetry law) - you heard it here first !!
Jeez learn to read people...
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Legendary Clint
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Posted - 2007.09.11 23:16:00 -
[8]
Originally by: Adonis 4174
It'll never get through.
This was instigated by the UK Treasury - not some random pressure group.
Watch this space.
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Adrianx7
Galactic Shipyards Inc
HUZZAH FEDERATION
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Posted - 2007.09.11 23:16:00 -
[9]
hi,
LC hows it going?
you say tax income?
OK good news for the UK isk resellers
as most players dont make isk playing the game so there is nothing to tax.
Unlike other online games that do
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Dimning
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Posted - 2007.09.11 23:16:00 -
[10]
What would they do with the tax ISK they gathered? Ebay? CCP would ban them :)
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Jinx Barker
GFB Scientific
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Posted - 2007.09.11 23:17:00 -
[11]
The end is nigh, all run and hide, the Taxman cometh!    
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Thanos Draicon
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Posted - 2007.09.11 23:17:00 -
[12]
If i believe, CCP still owns everything in the EVE universe, so they can't really tax any of it because none of the users own it.
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Legendary Clint
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Posted - 2007.09.11 23:18:00 -
[13]
Edited by: Legendary Clint on 11/09/2007 23:18:02
Originally by: Jinmie
They can't tax virtual money you aren't allowed to sell.
Unfortunately the qualification is that you are expending labour to earn virtual money - therefore you are liable to tax.
I'm not making this up - I was talking to somebody who....
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Phrixus Zephyr
D00M.
Triumvirate.
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Posted - 2007.09.11 23:18:00 -
[14]
More applicable to Second Life than to Eve i feel.
Originally by: consider telos
..then we had a fight and he was so dead and
then I like became champion of eve and then
ccp gave me a medal and a t-shirt and asked
me to go out with him on a date to mcD' |
Kazuma Saruwatari
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Posted - 2007.09.11 23:18:00 -
[15]
Originally by: Vim
What income?
We make play money, will they tax everyone playing monopoly to?
I lol'ed
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Odd Pod Out, a blog of EVE Online |
Adonis 4174
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Posted - 2007.09.11 23:18:00 -
[16]
Originally by: Legendary Clint
Originally by: Adonis 4174
It'll never get through.
This was instigated by the UK Treasury - not some random pressure group.
Watch this space.
Not the Inland Revenue after all then?
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Visible Implants - good for so many occasions |
Paulo Damarr
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Posted - 2007.09.11 23:19:00 -
[17]
I think you might be confused, Their certainly is a study investigating peoples cash income from MMOs via E-bay and so on not the actual virtual money, wtf are the Inland revenue going to do with ISK or gold?
These measures if ever implemented are aimed at individuals who earn a substantial side (or even primary) income with virtual currency, item or character sales that isn't taxed and is basically tax evasion.
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Bishman82
Racketeers
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Posted - 2007.09.11 23:19:00 -
[18]
How can it affect eve? Everyone pays their $15 a month to play a game. If you could buy isk directly from CCP and exchange ingame isk for real life money i could see something like that happening. (doesn't second life operate something like this?)
Apart from people selling isk for real money on illegal sites, all money in game stays in the game.
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Adonis 4174
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Posted - 2007.09.11 23:20:00 -
[19]
If they're planning on taxing isk sellers then I see a new weapon against isk sellers...
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Visible Implants - good for so many occasions |
Legendary Clint
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Posted - 2007.09.11 23:20:00 -
[20]
Originally by: Adonis 4174
Not the Inland Revenue after all then?
Same thing - UK Treasury spends the money, the 'Inland Revenue' collects it. We could get pedantic and break down the latter.
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Roche Pso
Gallente
Deltole Research Labs
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Posted - 2007.09.11 23:21:00 -
[21]
Originally by: Adonis 4174
Not the Inland Revenue after all then?
Also, he probably knows someone who knows someone who has a friend who work for a phone company and they say if someone rings you and says to press *#53 you musn't do it cos they will be using your bill to ring mars and will already have charged you ú53 billion
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Adonis 4174
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Posted - 2007.09.11 23:24:00 -
[22]
Originally by: Legendary Clint
Originally by: Adonis 4174
Not the Inland Revenue after all then?
Same thing - UK Treasury spends the money, the 'Inland Revenue' collects it. We could get pedantic and break down the latter.
But they are very separate bodies. Which does your anonymous source work for?
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Visible Implants - good for so many occasions |
Bishman82
Racketeers
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Posted - 2007.09.11 23:25:00 -
[23]
Originally by: Paulo Damarr
wtf are the Inland revenue going to do with ISK or gold?
Start up the richest alliance in eve and tax the hell out of everything. People are gonna need to quit their jobs just so they can work 9-10 hours a day mining for the Inland revenue 
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Legendary Clint
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Posted - 2007.09.11 23:25:00 -
[24]
Edited by: Legendary Clint on 11/09/2007 23:25:36
Originally by: Roche Pso
Originally by: Adonis 4174
Not the Inland Revenue after all then?
Also, he probably knows someone who knows someone who has a friend who work for a phone company and they say if someone rings you and says to press *#53 you musn't do it cos they will be using your bill to ring mars and will already have charged you ú53 billion
Nope, my source works in Whitehall and likes a beer. You can waste your time with uneducated and ill-informed responses, but my OP stands and is 100% accurate.
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Roche Pso
Gallente
Deltole Research Labs
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Posted - 2007.09.11 23:28:00 -
[25]
Originally by: Legendary Clint
Originally by: Adonis 4174
Not the Inland Revenue after all then?
Same thing - UK Treasury spends the money, the 'Inland Revenue' collects it. We could get pedantic and break down the latter.
UK doesn't have a treasury, the Queen does though, it's called HM Treasury and can be found here.
By Inland Revenue you probably mean HM Revenue and Customs, they are here
Different ministers in charge of each. Not the same thing at all.
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Paulo Damarr
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Posted - 2007.09.11 23:28:00 -
[26]
Link some sources then, if your making claims like this you better be prepared to defend them and cite sources "Some bloke in the pub told me" isnt going to cut it.
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Jhagiti Tyran
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Posted - 2007.09.11 23:29:00 -
[27]
Originally by: Bishman82
Originally by: Paulo Damarr
wtf are the Inland revenue going to do with ISK or gold?
Start up the richest alliance in eve and tax the hell out of everything. People are gonna need to quit their jobs just so they can work 9-10 hours a day mining for the Inland revenue
Lmao with the Rusty lady in your sig to
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consider telos
Rionnag Alba
Triumvirate.
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Posted - 2007.09.11 23:30:00 -
[28]
I can see the inland revenue setting up an office in jita. I hope everyones taken a log of their ingoings and outgoings. If not, you could be banished to the drone regions and pay a heavy fine.
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xBANDWAGONx
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Posted - 2007.09.11 23:32:00 -
[29]
all this really means is the end of ISK buying/selling in the UK... but then again, CCP has a hard enough time tracking down those who do it, I'm sure a government agency will be even less sucessful.
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Adonis 4174
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Posted - 2007.09.11 23:32:00 -
[30]
Now if HMR&C were to set up in lowsec it would be more fun.
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Visible Implants - good for so many occasions |
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