Linked by Thom Holwerda on Sun 5th Mar 2006 21:32 UTC
Apple This week saw the introduction of various new Apple products. Everybody has their own opinions on these new products, and websites all over the world saw enough discussions about the integrated video card of the Mini, the 'HiFi-ness' of the iPod HiFi, and more. Another issue, however, which got considerable less attention, was that of pricing. And no, I'm not talking about expensive-or-not (God, no). I'm talking about price differences between the US and Europe. And quite frankly, it's pissing me off. Note: This is this week's Sunday Eve Column.
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Andre Siegel
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@ asupcb

The VAT taxes don't operate exactly like a sales tax because the product is taxed every step of the way in the manufacturing process which means that they may be including VAT for the processor, case, powersupply, hdd, dvd drive, etc. in the cost of the product.

Errr, companies usually get a refund for all their paid value-added taxes at the end of the fiscal year. So, it's only consumers who really pay the VAT, thus it is a sales tax.

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