Taxation in Virtual Worlds: Analysis Under United States of America and Turkish Tax Regulations
SOSYOEKONOMI, vol.31, no.55, pp.211-231, 2023 (ESCI, TRDizin)
- Publication Type: Article / Article
- Volume: 31 Issue: 55
- Publication Date: 2023
- Doi Number: 10.17233/sosyoekonomi.2023.01.11
- Journal Name: SOSYOEKONOMI
- Journal Indexes: Emerging Sources Citation Index (ESCI), TR DİZİN (ULAKBİM)
- Page Numbers: pp.211-231
- Open Archive Collection: AVESIS Open Access Collection
- Akdeniz University Affiliated: Yes
Abstract
In today's day and age, there is a new world comprised of novel terms like virtual reality,
virtual environment or virtual worlds. Virtual worlds allow participants to buy and sell virtual goods
and services using virtual currency. Therefore, virtual world transactions bring large amounts of
income. In countries that have adopted the recommendations of OECD and G20 countries, tax
regulations have begun to be made on the subject. The study aims to discuss the taxation problems
arising due to the incredible number of users spending time in virtual game worlds. In the study,
Turkish and US tax regulations were examined. The study shows that virtual worlds are getting closer
to the real world, there is a transition towards the meta-universe, people earn income in these
environments, and there are differences between countries in the taxation of these incomes