Thursday, 27 September 2007

The VAT isn't virtual

If Benjamin Franklin had known about Second Life he'd have probably said something like, "In this virtual world nothing is certain but death and taxes". And until now, he'd have been wrong on both counts. Unfortunately, the tax-man cometh...

From Linden Lab to yours truly:

Hello, Art Fossett.

We have identified that you reside in a European country. Accordingly, your next bill will reflect Value Added Tax (VAT) charged at the rate specified by your country. Please note that VAT applies to all payments to Linden Lab such as land sales, monthly maintenance fees and Premium subscription fees.

:-(

1 comment:

Peter Miller said...

At least two estate owners I know are absorbing the additional costs as far as rents for current residents are concerned.