Subject:
|
Re: Euro: one currency does not mean one price :-(
|
Newsgroups:
|
lugnet.off-topic.fun
|
Date:
|
Fri, 4 Jan 2002 21:55:52 GMT
|
Viewed:
|
1316 times
|
| |
|
|
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.
|
|
Message has 1 Reply:
Message is in Reply To:
16 Messages in This Thread:
  
  
- Entire Thread on One Page:
- Nested:
All | Brief | Compact | Dots
Linear:
All | Brief | Compact
This Message and its Replies on One Page:
- Nested:
All | Brief | Compact | Dots
Linear:
All | Brief | Compact
|
|
|
|
