Moms (VAT) Problems

[billairboy]

Originally Posted by Daikiba Old

My swedish comprehension skills are not the best, but doesn't the above mean that it only applies to people who are doing it "professionally"? (yrkesmässig verksamhet)...which means it would apply only to very very few people, and not the "normal" player selling a modfap, or whatever amounts to more than 30K kroner.

Yes, correct. It's first hand sellers/buyers who do it professionaly, companies. But, if you are a private person and sell for more than 30K kronor a year, you are counted as doing it in a professonally way and must add VAT tax on the sale.

I am not clear when reading the text if they counts all sales, including ore and other stuff in the sales that should be subjeted to VAT.

[mandu]

I don't think it applies because according to the EULA, MA always owns all virtual items and property. No legal ownership is transfered, thus no tax is applicable. If you make a steady profit and withdraw it, that will be another debate.

[Legion]

So if they want tax from me then i sure as hell are gonna deduct for how much i loose.. woohoo more money for me :P

And where is that darn cash card ma!?!?!? :P

[Dextar]

I predict in the not-so-near future Virtual Universes such as EU will start locating their Servers in some small country (Something akin to the Cayman Islands) where businesses are not subject to ridiculous taxes and regulations that stifle free trade.

Here in the states their is a movement by the Feds to tax all INTERNET transactions (sales tax) we do not have a national sales tax but instead each of the 50 states decide if they wish to have such. However if a biz is located in Ohio and sells to someone in New York there is no sales tax due. However the government idiots are screaming that INTERNET sales are depleting their government coffers (we won't go into the money the States and Federal government waste )

We also have an ongoing battle over gambling sites, There are a few excellent sites located outside the States that millions of Americans gamble on. The Feds are trying to make this illegal (How they are going to enforce such is a complete mystery to anyone who is able to breath on their own. )

Anyhow you can see just by these few examples that these businesses are going to move to protect their business models somehow and if they locate outside the influence of these money grabbing government hacks then you know it will happen (being that staying and fighting them is probably going to be more costly than just moving away from them.)

The INTERNET has changed the world in so many ways and most of these government hacks are still trying to operate under 20th century rules.

I hope they ALL (not just US hacks but all of these money grabbing pukes in all of Western "Tax and Spend" Countries) take a flying leap and kiss their own behinds!

I say they ALL need a good Once a day to keep 'em in line!

Dex

[MistyDawn]

No taxation without representation!


I was thinking that I don't buy or sell 30,000PED worth of goods/services in a year but...

..buying ammo and selling oils (even to tt) is easily over that.

[Immortal]

This is only if you withdraw, because from a legal/financial stantpoint, PED is not an official currency. You can only tax it if it's certified income (and you should have recrods of deposits made that should show exactly ±$. So if you withdraw, any tax you pay would be from (withdraw-total_deposits), and not from (withdraw).

[Dextar]

Originally Posted by Immortal

This is only if you withdraw, because from a legal/financial stantpoint, PED is not an official currency. You can only tax it if it's certified income (and you should have recrods of deposits made that should show exactly ±$. So if you withdraw, any tax you pay would be from (withdraw-total_deposits), and not from (withdraw).

Hmmmm, excellent point. Now for those in Sweden if they would open an account in say the Cayman Islands and have their withdrawlas from EU go there would they be subject to VAT tax?

The reason I ask is I have a friend who plays Texas Hold'Em on one of the gambling sites (He is fairly good at it and is currently making upwards of 2k USD a month on his winnings) he has his account in the Caymans and uses a Debit Card to spend his money. He only has to pay taxes on money he spends in the US. If he buys an item from Europe and has it shipped home he pays no tax on it.

Makes for an interesting "legal" way around the money grabbers if it holds true.

Take that Money Grabbers!

Dex

[m0000]

Originally Posted by Immortal

This is only if you withdraw, because from a legal/financial stantpoint, PED is not an official currency. You can only tax it if it's certified income (and you should have recrods of deposits made that should show exactly ±$. So if you withdraw, any tax you pay would be from (withdraw-total_deposits), and not from (withdraw).

"Betalning för transaktioner mellan deltagarna sker i en speciell intern valuta för den virtuella världen. I vissa spel har deltagaren ett konto där pengar kan sättas in och omvandlas till den interna valutan för att sedan kunna användas för att köpa "varor" och "tjänster". På kontot hamnar också in- och utbetalningar, i intern valuta, från/till andra deltagare för sålda/köpta "varor/tjänster". Behållningen på kontot i intern valuta kan i vissa spel omvandlas till pengar. Den interna valutan kan ha en fast växlingskurs mot t.ex. den amerikanska dollarn och växlas hos den som tillhandahåller spelet. "

roughly translated yet again:

"payment for transactions between participants are done in a special internal
currency for the virtual world. In some games the participant has an account
where money can be deposited and is then transformed to the internal currency, to be then used to purchase "items" and "services". On the account
purchases and sales, in internal currency, from/to other participants for sold/bought "items/services". The balance on the account in internal currency
can in some games be converted to money. The internal currency may have a
fixed rate i.e the American dollar and is converted by the one who is providing
the game.

[billairboy]

Originally Posted by Immortal

This is only if you withdraw, because from a legal/financial stantpoint, PED is not an official currency. You can only tax it if it's certified income (and you should have recrods of deposits made that should show exactly ±$. So if you withdraw, any tax you pay would be from (withdraw-total_deposits), and not from (withdraw).

They count the PED as a currency because it can be exchange to USD. And as i understand it, they don't care if you withdraws the PEDs or not, you must pay the VAT even if you don't withdraws.

Well, wait and see what MA says on the thing.... they most talk to the Swedish tax department and make it clear for us what we most do......

[Daikiba Old]

Originally Posted by billairboy

I am not clear when reading the text if they counts all sales, including ore and other stuff in the sales that should be subjeted to VAT.

Selling ME 250% (including VAT) - hey, that's easy.