June 2003

• Damage and Stuff (Math and Code) Ben Chambers
• MMO Launch issues ruining potential segments of the market. Derek Licciardi
• • MMO Launch issues ruining potential segments of the market. Mike Shaver
  • • MMO Launch issues ruining potential segments of the market. Mike Shaver
  • MMO Launch issues ruining potential segments of the market. Daniel Anderson
  • • MMO Launch issues ruining potential segments of the market. Matt Mihaly
    • MMO Launch issues ruining potential segments of the market. Luca Girardo
    • MMO Launch issues ruining potential segments of themarket. Ron Gabbard
  • MMO Launch issues ruining potential segments of the market. Chris Holko
  • • MMO Launch issues ruining potential segments of the market. Matt Mihaly
    • • MMO Launch issues ruining potential segments of the market. Daniel.Harman@barclayscapital.com
  • MMO Launch issues ruining potential segments of the market. Justin Coleman
  • MMO Launch issues ruining potential segments of th e market. Daniel.Harman@barclayscapital.com
  • MMO Launch issues ruining potential segments of th e market. Jeff Fuller
  • MMO Launch issues ruining potential segments of the market. Matt Mihaly
  • • MMO Launch issues ruining potential segments of the market. Tess Snider
  • MMO Launch issues ruining potential segments of the market. Luca Girardo
  • • MMO Launch issues ruining potential segments of the market. Tess Snider
    • MMO Launch issues ruining potential segments of the market. Matt Mihaly
    • MMO Launch issues ruining potential segments of the market. Jeff Fuller
    • • MMO Launch issues ruining potential segments of themarket. Chris Holko
      • • MMO Launch issues ruining potential segments ofthemarket. Scott Jennings
        • MMO Launch issues ruining potential segments of the market. Jeff Fuller
• New Column by Dave Rickey "Engines of Creation" Now at Skotos Christopher Allen
• Announcing Shadow Door: an NPC Control Interface for Neverwinter Nights Robert Zubek
• ADMIN: So, what has been happening? J C Lawrence
• [Meta] Forward of moderated message J C Lawrence
• New Here MIKE MacMartin
• • New Here Mike
  • • New Here MIKE MacMartin
    • • New Here Miroslav Silovic
      • • New Here MIKE MacMartin
• Looking for a GUI Mud Development program Snicker Furfoot
• • Looking for a GUI Mud Development program Ben Greear
• ADMIN: List archives are now restored. J C Lawrence
• The Price of Being Male Rayzam
• • The Price of Being Male Sasha Hart
  • The Price of Being Male Daniel.Harman@barclayscapital.com
  • • The Price of Being Male Rayzam
    • • The Price of Being Male Byron Ellacott
      • The Price of Being Male Dr. Cat
    • The Price of Being Male Castronova, Edward
    • • The Price of Being Male Boyle, Paul
      • The Price of Being Male Mark 'Kamikaze' Hughes
      • • The Price of Being Male Rayzam
        • • The Price of Being Male Mark 'Kamikaze' Hughes
          • • The Price of Being Male Rayzam
            • • The Price of Being Male Mark 'Kamikaze' Hughes
        • The Price of Being Male Marian Griffith
        • • The Price of Being Male Paul Schwanz
          • • The Price of Being Male Rayzam
            • • The Price of Being Male Paul Schwanz
              • The Price of Being Male Vincent Archer
              • • The Price of Being Male Rayzam
        • The Price of Being Male Castronova, Edward
        • • The Price of Being Male Sasha Hart
          • The Price of Being Male Mark 'Kamikaze' Hughes
          • • The Price of Being Male Amanda Walker
          • The Price of Being Male Richard A. Bartle
          • • The Price of Being Male Castronova, Edward
            • • The Price of Being Male Richard A. Bartle
          • The Price of Being Male Tazzik
          • • The Price of Being Male Richard A. Bartle
            • • The Price of Being Male Tazzik
      • The Price of Being Male Richard A. Bartle
      • • The Price of Being Male Marian Griffith
        • • The Price of Being Male Sasha Hart
          • • The Price of Being Male Tom
            • The Price of Being Male Marian Griffith
            • • The Price of Being Male Sasha Hart
              • • The Price of Being Male Marian Griffith
                • • The Price of Being Male Sasha Hart
          • The Price of Being Male Richard A. Bartle
        • The Price of Being Male Castronova, Edward
        • • The Price of Being Male Richard A. Bartle
        • The Price of Being Male Daniel.Harman@barclayscapital.com
      • The Price of Being Male Paul Schwanz
      • The Price of Being Male Daniel Anderson
      • • The Price of Being Male Travis Casey
        • • The Price of Being Male Paul Schwanz
          • • The Price of Being Male Travis Casey
          • The Price of Being Male Chris Holko
          • • The Price of Being Male Travis Casey
            • • The Price of Being Male Sanvean
              • • The Price of Being Male Sasha Hart
                • The Price of Being Male Tom
                • • The Price of Being Male Sanvean
                  • • The Price of Being Male Tom
  • The Price of Being Male Paul Schwanz
  • The Price of Being Male Amanda Walker
  • The Price of Being Male shop@isparkinson.co.uk
  • The Price of Being Male Boyle, Paul
  • The Price of Being Male Ola Fosheim Grøstad
  • • The Price of Being Male Sheela Caur'Lir
    • • The Price of Being Male Jeff Crane
• Are gold pieces taxable? Koster, Raph
• • Are gold pieces taxable? Boyle, Paul
  • • Are gold pieces taxable? Amanda Walker
      On Friday, June 27, 2003, at 01:01 AM, Boyle, Paul wrote:
      
      > 3. The most likely scenario I see is that monetary value in a
      > virtual economy is treated just like the stock market (the
      > parallels abound) and that you're only taxed at the time of sale
      > at the capital gains tax rate.
      
      This was the proposal I made a while back during a "selling
      characters/items on eBay" thread.
      
      The main fallacy in the article Raph passed along concerned when
      income is taxed. Income is not taxed when value is received, it is
      taxes when it is realized. You can hold a stock as long as you
      want, and its value can get as high as you want, with no taxes due.
      The moment you *trade* it, you realize income. The same is true for
      barter. I can keep that bottle of Dom Perignon in my basement as
      long as I want, or do whatever I want with it (including drinking
      it, breaking it against the bow of my new yacht, whatever) without
      any tax consequences. When I trade it to someone else, it becomes
      taxable.
      
      I agree that virtual "gold pieces" are very analogous to shares of
      stock (including issues such as liquidity, dilution, etc.), but
      there are a few aspects in which they are not.
      
      Taxing conversions into real dollars (selling stuff on eBay, for
      example) as a capital gain seems sensible. It's the internal
      transactions that are problematic, since they could count as barter.
      There is some precedent for "in-kind" transactions not being taxable
      (certain ways of structuring corporate mergers & acquisitions, for
      example), but how these would be analogous to virtual resources is
      unclear to me.
      
      A better analogy might be gambling chips. Since I don't gamble,
      please correct me if I'm wrong, but I believe that gambling income
      is realized when you cash out. You can buy a set of chips, win a
      lot, lose a lot, etc., but it only counts as income when you convert
      them back into money. In other words, *playing* isn't taxable, only
      taking value back outside the casino is taxable. This seems as
      though it would be a reasonable model for in-game currency.
      
      Amanda Walker
  • Are gold pieces taxable? Thomas Leavitt
  • Are gold pieces taxable? Daniel.Harman@barclayscapital.com
• Functors / Loki (was: New Here) Eli Stevens
• Architecture Peter "Pietro" Rossmann
• • Architecture Peter "Pietro" Rossmann
  • • Architecture ceo
    • • Architecture Peter "Pietro" Rossmann
• SW:G this is so unfair Marian Griffith
• • SW:G this is so unfair Marc Bowden
  • SW:G this is so unfair Martin Bassie
• Players policing themselves (was: MMO Launch issues ruining potential segments of themarket.) Derek Licciardi
• • Players policing themselves (was: MMO Launch issues ruining potential segments of themarket.) Marian Griffith
• Q&A with Ken Troop, Lead Designer at Turbine Michael Tresca
• • Q&A with Ken Troop, Lead Designer at Turbine Threshold RPG
  • • Q&A with Ken Troop, Lead Designer at Turbine Mike Shaver
    • Q&A with Ken Troop, Lead Designer at Turbine Chris
• Architecture (Cell Rebalancing) Peter "Pietro" Rossmann
• • Architecture (Cell Rebalancing) Zach Collins {Siege}
  • • Architecture (Cell Rebalancing) Peter "Pietro" Rossmann
  • Architecture (Cell Rebalancing) Daniel.Harman@barclayscapital.com
  • • Architecture (Cell Rebalancing) Peter "Pietro" Rossmann
    • Architecture (Cell Rebalancing) Rossmann Peter
    • • Architecture (Cell Rebalancing) ceo
      • • Architecture (Cell Rebalancing) Peter "Pietro" Rossmann
        • • Architecture (Cell Rebalancing) J C Lawrence
          • • Architecture (Cell Rebalancing) Peter "Pietro" Rossmann
            • • Architecture (Cell Rebalancing) J C Lawrence
          • Architecture (Cell Rebalancing) Rossmann Peter
        • Architecture (Cell Rebalancing) Rossmann Peter
        • • Architecture (Cell Rebalancing) J C Lawrence
          • • Architecture (Cell Rebalancing) Peter "Pietro" Rossmann
      • Architecture (Cell Rebalancing) Daniel.Harman@barclayscapital.com
      • • Architecture (Cell Rebalancing) Peter "Pietro" Rossmann