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EU tax officials confront the most pressing legal question of our time: If you sell RuneScape gold to someone and they use it to buy a magic sword, do you still have to pay taxes?
['Lincoln Carpenter', 'News Writer', 'Social Links Navigation']
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"—explains that "a taxable person" avoided paying VAT [value added tax] on "not insignificant" transactions in which RuneScape gold was purchased from players and sold to others at a profit (via GamesRadar).
They did not—hence the January 2024 legal proceedings in which the applicant was ordered to pay €46,688 in retroactive VAT.
"If the applicant’s transactions involving in-game gold are to be covered by the exemption, in-game gold would have to be legal tender."
Considering I can't deposit my RuneScape gold into my bank account, Kokott says in-game currency "can be clearly ruled out" as legal tender.
And that voucher would represent an obligation for the voucher's supplier to provide a later service—which isn't the case with in-game gold, either.
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