My presentation is on the topic of assessing Canadian income tax on video game currency earnings. By way of background (in case you are baffled as to why anyone would ruin video games by talking about tax,) I am a student in the LLM in Taxation program at Allard. I am also a practicing lawyer and have dealt with some tax issues around virtual currency like bitcoin.
For context before you watch the presentation, the IRS (the US tax authority) has recently flip-flopped on the issue of taxing in-game earnings (this Forbes article provides a nice summary), while the CRA (the Canadian tax authority) has remained largely silent on the issue (this KPMG article provides some insight). For reasons that my alter-ego Dr. Taxine McTaxface explains in the video, a straightforward approach to the issue is not possible in the Canadian context due to both the manner in which our income tax legislation is drafted and the policy directives that have been issued by the CRA. I think that the issue will come to a head sooner rather than later as governments and the public become increasingly aware of the current and potential value of in-game earnings.
The video presentation was too large even in a compressed format to upload to the course website (limit is only 20 MB) so I have hosted it on a little media site that I run called The Legendaily Press. Please let me know if anyone encounters any problems with viewing it there.
Enjoy! I would be happy to engage in discussion here or at a future synchronous class.