Reply to post: Re: Back on track...

Surprise! British phone wins Best Product at Mobile World Congress

InITForTheMoney

Re: Back on track...

EU advertised prices include Value Added (sales) Tax at around 20%, the tax rate varies between about 18% and 25% by country, however if you buy online, you pay tax at the rate of the sellers country, not your own country, so the advertised price is the price you pay and it's simpler for us, because we dont have to think about adding taxes to work out what we pay. In the US, your advertised prices don't include local taxes and you add the tax according to your state, at the point of purchase.

If you add 20% to the dollar converted price, it comes in at around €651 (based on todays exchange rate of 1.1013 USD to 1.00 EUR), which is the advertised price in Euros. So no... Europeans aren't being 'overcharged' by our manufacturers.

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