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“Your income will not be treated any differently than if you earned it working nine to five in an office.”

If a virtual transaction has real world implications – if it can be attributed a monetary value – it attracts the attention of the Tax Office. Sites such as slexchange.com set rates for swapping Second Life’s Linden dollars for “real” money.

“The real world value of a transaction may form part of your taxable income, even if it is in Linden dollars,” the ATO spokeswoman says. “In addition, there may be GST to consider.”

In other words, if you are turning over the equivalent of more than $50,000 selling virtual jewellery to Second Life avatars, you must get an ABN and register for GST.

Jack Emmert heads up design over at Cryptic, of course. And it looks like he just delivered a keynote at th Serious Games Summit in DC. Serious Games Source has a write-up. Among the things that jumped out at me:

Read More “Emmert’s Serious Games Keynote”

Looks like Multiverse is ready to show some stuff off. they have announced open beta on their forums. (via ReBang).

Today, a couple of articles about the aging audience for new media and games in particular strike a chord.

Nintendo actually ran demos at an AARP event, apparently.

Read More “Gray gamers”