- The Court of Justice (CJEU) addressed VAT aspects of a new form of gold trading involving in-game currency from the online game Runescape.
- The company Žaidimų valiuta bought and sold in-game gold outside the game, without considering VAT, which now must be collected retroactively.
- The CJEU ruled that exchanging real currency for in-game currency used only within a video game is not exempt from VAT.
- The CJEU also ruled that such in-game currency does not qualify as a ‘voucher’ under EU VAT law, so VAT must be applied according to general rules.
Source: nlfiscaal.nl
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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