The billion-dollar business of selling virtual goods in free-to-play games is more than just a financial windfall for companies like Playfish. A controlled economy with millions of active participants gives economists an entirely new way to model consumer behaviour. More »
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.”
