CIoT sends in a tax adviser to Second Life, in an attempt to educate and help those unsure of the potential tax implications of the virtual world
Accountancy Age, 15 Oct 2007
The Chartered Institute of Taxation will send 'Tax Anderton' into the online virtual world Second Life this morning.
As part of the CIoT's Tax Advice Week, Anderton will be available to other Second Life members to discuss tax issues for people in an online environment.
'There are many people in Second Life who are buying and selling goods and services. Like any transaction, this may be liable for tax,' said CIoT president Rob Ellerby.
'We feel it is very important that Second Lifers understand the tax issues they are facing, as we suspect many will not be fully aware of the implications of their virtual activity.'
Second Life has proved to be so popular that many businesses provide services through the virtual world.
The Dutch affiliate of Baker Tilly, Berk, operates a virtual office in the online environment.
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