Subject:
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Re: Euro: one currency does not mean one price :-(
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Newsgroups:
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lugnet.off-topic.fun
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Date:
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Fri, 4 Jan 2002 22:47:22 GMT
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Viewed:
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1409 times
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In lugnet.off-topic.fun, Pedro Silva writes:
> In lugnet.loc.eu, Larry Pieniazek writes:
> > In lugnet.loc.eu, Lawrence Wilkes writes:
> > >
> > > "Larry Pieniazek" <lpieniazek@mercator.com> wrote in message news:GpFJ64.LBE@lugnet.com...
> > > > In lugnet.loc.eu, Lawrence Wilkes writes:
> > > >
> > > > > With LEGO's European wide e-commerce from Denmark there wont be any
> > > > > local price differences for VAT.
> > > >
> > > > Right, I think that's what The Economist was driving at... that these sorts
> > > > of inexplicable variances will, over time, either become explicable or
> > > > become invariant, and that when they become invariant, competitive pressure
> > > > will tend to cause them to be equalized at lower price points rather than
> > > > higher.
> > >
> > >
> > > No. I meant there isn't any VAT difference at all, now. Period
> > > In the EU VAT is charged at the rate of the selling country, not
> > > the customers country.
> > > So the VAT will always be the Danish rate.
> >
> > Sorry if it wasn't clear but I was agreeing with you... this is an
> > inexplicable variance that over time would expected to become invariant,
> > hopefully at the lower price points. That's the thesis of The Economist, and
> > my hope as well.
>
> And our hope too!
> :-)
> But of course, one *bad* thing could happen, if LEGO decided to level prices
> by the *highest*.
>
>
> (Follows O-T:)
>
> By the way, I believe you were right about the example of cars and tires. I
> can add something to it: tires are expensive *within* the EU, but if you go
> to Andorra you can buy a pair tax-free; the other pair must be in someone
> else's name (tip given to me by a Spanish Taxi driver).
> And Cars themselves are rather cheap in Portugal (like most stuff, except
> for LEGO...), but are overtaxed (like 50% or so) - still, that doesn't stop
> the chaos in traffic.
(Sorry, forgot to sign :-/)
Pedro
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Message is in Reply To:
| | Re: Euro: one currency does not mean one price :-(
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| (...) And our hope too! :-) But of course, one *bad* thing could happen, if LEGO decided to level prices by the *highest*. (Follows O-T:) By the way, I believe you were right about the example of cars and tires. I can add something to it: tires are (...) (23 years ago, 4-Jan-02, to lugnet.off-topic.fun)
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