China Bans, Taxes Goldfarmers

It’s two paragraphs, so I either quote the whole thing or link it. China has banned selling virtual property but never enforced it. China has now added a tax, which I suppose is like the US government’s requirement that you pay taxes on illegal drug sales.

: Zubon

Hat tip: Marginal Revolution

One thought on “China Bans, Taxes Goldfarmers”

  1. Hmm… I just read it at VirtuallyBlind too, and it seems that the tax collectors can tax those that buy gold from others and mark it up to sell it… the tax collector can then decide what the original price of the sold gold was. Pretty interesting. I think if China continues to sway this way nationwide IP bans are more-so a-coming.

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