Taxes

News

Tax Breaks For Games Makers Are So Rich, Even Oil Companies Question Their Fairness

9:30AM September 12, 2011 | Owen Good

The New York Times this morning published an extensive look at the system of tax incentives and breaks exploited by games makers, concluding that their write-offs to research and development costs satisfy the letter, but not the spirit, of 50-year-old tax policies that by now defy common sense. More »


In Real Life

The Castle Your Princess Is In Has Been Seized By Massachusetts

6:00AM August 12, 2010 | Mike Fahey

Mario wasn’t fast enough to save Princess Peach from captivity in the Video Game Castle of Chicopee, Massachusetts, as captured by Kotakuite Lyphted this weekend.


In Real Life

Britain Jumps on Violent Video Game Tax Bandwagon

10:30AM March 11, 2009 | AJ Glasser

Britain’s top authority on knife crimes is telling his boss — Prime Minister Gordon Brown — to tax violent video games just after Pennsylvania legislators considered the same thing.

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Uncategorized

IRS Official Recommends Policy on Virtual World Transactions

12:00AM January 12, 2009 | Owen Good

The IRS’ taxpayer advocate has suggested the agency take a proactive posture toward real money transactions (RMT) in virtual worlds. “Proactive posture,” in IRS speak, means “tax it.”

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