News

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

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.


August 12, 2010
In Real Life

The Castle Your Princess Is In Has Been Seized By Massachusetts

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.


March 11, 2009
In Real Life

Britain Jumps on Violent Video Game Tax Bandwagon

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.


January 12, 2009
Uncategorized

IRS Official Recommends Policy on Virtual World Transactions

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.”