[MUD-Dev] BIZ: Who owns my sword?

[Matt Mihaly]

On Tue, 9 Sep 2003, Dave Rickey wrote:

> I was informed at DragonCon that the IRS has beaten us to the
> punch here, in an estate case.  A largish estate listed the value
> of an EQ account at $50, the IRS kicked that back with citations
> of the Wired article about the UO real-estate trade, and demanded
> a full accounting of the contents of the account, which they then
> assigned value based on eBay prices.  Where tax law goes, the rest
> of civil law will not be far behind.

Our lawyers are not experts on this issue (don't think there are any
yet), but their comment on this was: IRS reps are rarely anywhere
near the cutting edge, and a recent study showed that people were
given incorrect tax-related answers by the IRS 57% of the time.

--matt
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