New Mediaist is an Internet marketing  consulting firm. We help industry-leading firms plan, develop, and grow their online presence.<br />
New Mediaist is in the business of helping companies focus on what counts.<br />
Our measurement focused-approach helps businesses target their online marketing activities, enabling for the further development of recurring revenue sources and sustainable competitive advantages.

You can't avoid the Taxman

The South Korean Government has stated they are going to begin taxing the real money made via virtual transactions: In American terms, that means such things as selling gold on World of Warcraft, or buying property at Secondlife. Taxes will be collected at the service provider level - an automatic VAT (Value Added Tax) will be deducted from seller's monthly revenues.
Governments have been taxing the licensing and sale of intellectual property for a very long time; the real surprise here is they didn't start taxing real money game transactions sooner!
[discovered at Slashdot]