Kotaku

mo money, mo problems

South Korea Taxes Virtual Assets
The Korea National Tax service will start imposing a VAT (value-added tax) on virtual asset transactions. Sellers who do between 6 and 12 millions dollars in Korean currency (the Won) per half year will have the VAT applied automatically the transaction's midde-man. Sellers that happen to more than 12 million won/half year will need a business license in order to pay the tax by themselves. More »

07/03/07

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By Kim Phu

Comment by InsipidWays: But why leave this one up? When DeMarco re-posted a story about some Nintendo chains they took that one down... more » | Other threads
wii

Commie VAT Bastards: More Irish Wii Preorder Stuff
Okay, I'm taking back my praise of GAME on Dawson Street and their handling of Wii preorders. See if you follow me here. More »

09/27/06

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By kotaku.com

Comment by siltpop: 2kreative... you pay for what u get. One of the lowest personal tax rates in the developed world, and in... more » | Other threads