Can I Deduct this Chainmail?

Well, it had to happen eventually. With an article published in the latest issue of Legal Affairs magazine, gamer Julian Dibbel has raised the question: are virtual assets taxable? In other words, should a person have to pay taxes on in-game items they own, if those items are shown to have a real-world monetary value?

I personally find this issue fascinating, and I can imagine it will be the subject of some very serious debate in the future, with all the money currently being made by gold-sellers
& professional eBayers. I would also imagine WoW to be at the center of any debate on this subject, simply because,
due to its sheer numbers of players, this is where most of the 'virtual currency' market will be centered, at least for the near future. In any case, the world is a-changin', folks...it might not just be all fun & games anymore...

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