[Opensim-users] Money in OpenSim-Worlds [was: Bitcoin]

[Slavin, Simon]

On 7 Nov 2011, at 5:36am, Morgan Leigh wrote:

> Even when it's only labour it's classified as barter and is fully
> taxable in my jurisdiction. See -
> http://www.ato.gov.au/content/downloads/bus35349n9748052011.pdf

Yet in Japan, exchange of labour between people who know each other socially is explicitly defined in law and declared tax free.  (You have to have been actual friends, or friends of a spouse, before the work was discussed.  It's taxable if you were specially introduced to do the work.)  We run into problems when users are from different jurisdictions.

And, you're in Australia, I'm in England, the mediation software was mostly written in the USA, we're discussing this on a mailing list hosted in Germany, and the OpenSim server may be anywhere in the world.  God knows how the various tax agencies would decide that one.

Simon.