Virtual worlds, real money: Tax issues in the metaverse

• Main Authors: OOI, Vincent, LOY, Daryl
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2023
• Subjects: Taxation; taxation law; tax law; metaverse; Law and Economics; Tax Law
• Online Access: https://ink.library.smu.edu.sg/sol_research/4180; https://ink.library.smu.edu.sg/context/sol_research/article/6138/viewcontent/Virtual_Worlds__Real_Money_Tax_Issues_in_the_Metaverse.pdf
• Institution: Singapore Management University

When it comes to the tax world, the starting point is that international tax law does not currently give any special status to a meta realm as a distinct jurisdiction. The metaverse is not a term of art recognised by tax law. However, what we are likely to see is a change in business models and beha...