Comments on: “VAT are you talking about?” http://blog.secondlife.com/2007/10/04/vat-are-you-talking-about/ By Linden Lab Tue, 02 Dec 2008 05:48:27 +0000 http://wordpress.org/?v=MU hourly 1 By: Saadi Zadeh http://blog.secondlife.com/2007/10/04/vat-are-you-talking-about/#comment-491514 Saadi Zadeh Fri, 05 Oct 2007 03:38:32 +0000 http://blog.secondlife.com/2007/10/04/vat-are-you-talking-about/#comment-491514 @94 The moment LL accepts L$ as an alternative to US$ for payment, it gains value and may become taxable. Apart from that, it is way too easy to prove that L$ DOES have value as it is traded in ebay and everywhere. LL ToS do not dictate laws and courts, they are subject to them. Thats the way I look at it, but may be you are right, and I wish you're right. @94 The moment LL accepts L$ as an alternative to US$ for payment, it gains value and may become taxable. Apart from that, it is way too easy to prove that L$ DOES have value as it is traded in ebay and everywhere. LL ToS do not dictate laws and courts, they are subject to them.

Thats the way I look at it, but may be you are right, and I wish you’re right.

]]> By: concerned http://blog.secondlife.com/2007/10/04/vat-are-you-talking-about/#comment-491511 concerned Fri, 05 Oct 2007 03:34:40 +0000 http://blog.secondlife.com/2007/10/04/vat-are-you-talking-about/#comment-491511 If in 3 months your laws change with pressure from european union and you have a 10% sales tax will you make same promise?or is this advertising? If in 3 months your laws change with pressure from european union and you have a 10% sales tax will you make same promise?or is this advertising?

]]> By: IntLibber Brautigan http://blog.secondlife.com/2007/10/04/vat-are-you-talking-about/#comment-491508 IntLibber Brautigan Fri, 05 Oct 2007 03:30:45 +0000 http://blog.secondlife.com/2007/10/04/vat-are-you-talking-about/#comment-491508 Brautigan & Tuck Holdings will NOT be charging our EU customers VAT and will not recognise the jurisdiction of any european tax authority to force us to do so. We are not residents of Europe, and they have no power over us as an American business. Brautigan & Tuck Holdings will NOT be charging our EU customers VAT and will not recognise the jurisdiction of any european tax authority to force us to do so. We are not residents of Europe, and they have no power over us as an American business.

]]> By: ISayNO http://blog.secondlife.com/2007/10/04/vat-are-you-talking-about/#comment-491507 ISayNO Fri, 05 Oct 2007 03:29:56 +0000 http://blog.secondlife.com/2007/10/04/vat-are-you-talking-about/#comment-491507 Sorry, i meant i suffer 'for', and i want to add that LL is making their own nice pantheon treating this way to the 50% of their residents... we will put flowers some Sundays on it. Sorry, i meant i suffer ‘for’, and i want to add that LL is making their own nice pantheon treating this way to the 50% of their residents… we will put flowers some Sundays on it.

]]> By: Mister Wobbit http://blog.secondlife.com/2007/10/04/vat-are-you-talking-about/#comment-491506 Mister Wobbit Fri, 05 Oct 2007 03:29:35 +0000 http://blog.secondlife.com/2007/10/04/vat-are-you-talking-about/#comment-491506 [/b]If you (Linden Lad ) did indeed pay VAT in the past 3 years on behalf of the EU residents, can I get a receipt???[b] I would really like to see that :)) Don`t bullshit us !!! By the way i`m not afected by the VAT because i have created my acount today :)) but i would really like to have an answer and a prove just for my information :P [/b]If you (Linden Lad ) did indeed pay VAT in the past 3 years on behalf of the EU residents, can I get a receipt???[b]

I would really like to see that :))
Don`t bullshit us !!!
By the way i`m not afected by the VAT because i have created my acount today :)) but i would really like to have an answer and a prove just for my information :P

]]> By: ISayNO http://blog.secondlife.com/2007/10/04/vat-are-you-talking-about/#comment-491505 ISayNO Fri, 05 Oct 2007 03:25:45 +0000 http://blog.secondlife.com/2007/10/04/vat-are-you-talking-about/#comment-491505 Hey folks, this is just a game. Becoming from landowner to a basic acct. isn't a drama anyway. I suffer by the business people who trusted in SL and invested a lot here, but finally, SL it's what it is, a videogame. Hey folks, this is just a game. Becoming from landowner to a basic acct. isn’t a drama anyway. I suffer by the business people who trusted in SL and invested a lot here, but finally, SL it’s what it is, a videogame.

]]> By: Carl Nemeth http://blog.secondlife.com/2007/10/04/vat-are-you-talking-about/#comment-491504 Carl Nemeth Fri, 05 Oct 2007 03:24:14 +0000 http://blog.secondlife.com/2007/10/04/vat-are-you-talking-about/#comment-491504 Two little things before i'm going to bed ;-) : A new joke ppls won' resist before buying a land to an European sim owner : - Mhh i see the price, so let me guess : you're from Spain, no i'm sure from Italy, but sure you aren't Danish otherwise you lose a bunch of money ! The second VAT effect : Your tax isn't high enough ? Pay your Sim monthly bill with Lindens dollars 1st - you'll pay more (eh the EU VAT boys :) 2st - you'll pay the Linden sale tax, increased of course, the sale tax based now on 354 US$ for instance instead of your previous 295 US$ Two little things before i’m going to bed ;-) :

A new joke ppls won’ resist before buying a land to an European sim owner :
- Mhh i see the price, so let me guess : you’re from Spain, no i’m sure from Italy, but sure you aren’t Danish otherwise you lose a bunch of money !

The second VAT effect :
Your tax isn’t high enough ?
Pay your Sim monthly bill with Lindens dollars
1st - you’ll pay more (eh the EU VAT boys :)
2st - you’ll pay the Linden sale tax, increased of course, the sale tax based now on 354 US$ for instance instead of your previous 295 US$

]]> By: concerned http://blog.secondlife.com/2007/10/04/vat-are-you-talking-about/#comment-491503 concerned Fri, 05 Oct 2007 03:22:39 +0000 http://blog.secondlife.com/2007/10/04/vat-are-you-talking-about/#comment-491503 @91 read terms of service Linden dollars have no value and is not out of world currency meaning the only value they have applys to people wanting to buy some,that is a personal transaction of selling a non valued figure for what they want to pay,In most countries this is exempt from tax as it is uninforcable private sale.This is not true for all countries but it leaves the tax issue up to the reciever of funds to declare so this would make you responsible for your own taxes. @91 read terms of service Linden dollars have no value and is not out of world currency meaning the only value they have applys to people wanting to buy some,that is a personal transaction of selling a non valued figure for what they want to pay,In most countries this is exempt from tax as it is uninforcable private sale.This is not true for all countries but it leaves the tax issue up to the reciever of funds to declare so this would make you responsible for your own taxes.

]]> By: Saadi Zadeh http://blog.secondlife.com/2007/10/04/vat-are-you-talking-about/#comment-491501 Saadi Zadeh Fri, 05 Oct 2007 03:18:32 +0000 http://blog.secondlife.com/2007/10/04/vat-are-you-talking-about/#comment-491501 I think LL will have to charge VAT even if the payment is made in L$. So, I don't see it as a solution. I think LL will have to charge VAT even if the payment is made in L$. So, I don’t see it as a solution.

]]> By: Jeff http://blog.secondlife.com/2007/10/04/vat-are-you-talking-about/#comment-491499 Jeff Fri, 05 Oct 2007 03:16:50 +0000 http://blog.secondlife.com/2007/10/04/vat-are-you-talking-about/#comment-491499 As virtual worlds grow and more options become available, the only true asset you, LL, will have for the expansion of your service is customer loyalty. Customer loyalty is built partly out of trust, and as such it is earned, not given. In order to earn that trust and loyalty you have to interact with your customers in a way that builds those bonds. Sudden and immediate policy changes with no notice is self-damaging to your product and its reputation. To allow people to gracefully adjust and change how they do business in order to cover their own behinds before changes hit lets people know you are on THEIR side and actually care about their experience and builds trust and loyalty. The recent blog updates have been helpful, perhaps there is a change in how communications are being handled in the future, although we've seen this all before after an uproar. You should never have to implement 'damage control' if your Lawyers, PR and Policy groups are working together and handling things appropriately. Your customers are not your competitors, do not treat them like that by ripping the carpet out from under their feet when you didn't even have to. As virtual worlds grow and more options become available, the only true asset you, LL, will have for the expansion of your service is customer loyalty. Customer loyalty is built partly out of trust, and as such it is earned, not given. In order to earn that trust and loyalty you have to interact with your customers in a way that builds those bonds.

Sudden and immediate policy changes with no notice is self-damaging to your product and its reputation. To allow people to gracefully adjust and change how they do business in order to cover their own behinds before changes hit lets people know you are on THEIR side and actually care about their experience and builds trust and loyalty.

The recent blog updates have been helpful, perhaps there is a change in how communications are being handled in the future, although we’ve seen this all before after an uproar. You should never have to implement ‘damage control’ if your Lawyers, PR and Policy groups are working together and handling things appropriately. Your customers are not your competitors, do not treat them like that by ripping the carpet out from under their feet when you didn’t even have to.

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