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China to Impose 20 Percent Tax on Virtual Commerce
China is enforcing a 20 percent tax on virtual goods, a $1.45 billion (10 billion yuan) a year market. The measure “specifically takes aim at those who buy virtual currency from gamers and surfers and sell it to others at a mark-up”.
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In Japan last month, a woman in Japan was arrested for murdering her virtual husband’s avatar. She was charged with hacking, as she used his password to access his acount. She could face up to five years in prison of a $5,000 fine.
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