Tuesday, December 11, 2007

Virtual property

A fuss is being made (and here) about the use of the word merchandise in this consent judgment. The claim is that by using the term merchandise the judge recognized virtual reality property as property. That makes it different from intellectual property.

But if virtual property is property does that mean that any (virtual) profits one makes on Second Life will be taxable as income?

1 comment:

Benjamin Duranske said...

I think this was meant rhetorically, but the answer is, "Yes."