184
A European consumer watchdog wants you to be able to buy exactly as much in-game currency as you need, not fixed chunks
(www.rockpapershotgun.com)
this post was submitted on 13 Sep 2024
184 points (99.5% liked)
Gaming
2455 readers
327 users here now
The Lemmy.zip Gaming Community
For news, discussions and memes!
Community Rules
This community follows the Lemmy.zip Instance rules, with the inclusion of the following rule:
- No NSFW content
You can see Lemmy.zip's rules by going to our Code of Conduct.
What to Expect in Our Code of Conduct:
- Respectful Communication: We strive for positive, constructive dialogue and encourage all members to engage with one another in a courteous and understanding manner.
- Inclusivity: Embracing diversity is at the core of our community. We welcome members from all walks of life and expect interactions to be conducted without discrimination.
- Privacy: Your privacy is paramount. Please respect the privacy of others just as you expect yours to be treated. Personal information should never be shared without consent.
- Integrity: We believe in the integrity of speech and action. As such, honesty is expected, and deceptive practices are strictly prohibited.
- Collaboration: Whether you're here to learn, teach, or simply engage in discussion, collaboration is key. Support your fellow members and contribute positively to shared learning and growth.
If you enjoy reading legal stuff, you can check it all out at legal.lemmy.zip.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
What if all in game currency that can be bought with money, was subject to currency laws and required to be audited and taxed.
That would hopefully put an end to that crap.
Huh. Taxed on what basis? You buy it with your already income taxed money, and the company reports it as income which is then again taxed? It's like buying a gift voucher. Or maybe foreign currency, but usually you are only taxed on the gains once you sell them, but you can't sell in-game currency... What else would you like to tax? What would you even audit? Hey tax authority, I have 3 million gold coins, 2486 diamonds and 4 speed ups in clash of clans, do you want screenshots? Do I just send you 10% to your clan?
In-game currency is annoying and bad, but I don't get what you want to do here.
It would likely lead to a lot of issues. The games companies would need licences like a bank. They would need to keep it secure and have funds availabke to offset a run. It would likely also mean that players would be able to refund unused cash.
If they change the value in game, it might lead to gains which are taxable or losses which are possible to offset.
Discourage in-game currency I think is the goal
You could charge VAT on it in the countries where that's applied.