Wednesday, November 25, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Panasonic's CX Ultra HD Smart TVs Bring 4K Closer To Home
New LG Ray Smartphone Focuses On Photo Shooting
HP Profit Lower Than Expected
Police Arrests Fifth Suspect In TalkTalk Hack Investigation
Toshiba Develops Fast 3D Metal Printer
ECS LIVA X2 Mini PC Runs Windows 10
Memory-Tech Ready To Start Mass Production Of UHD Blu-ray Disc
New Nokia 230 and Nokia 230 Dual SIM Phones Coming Next Month
Active Discussions
roxio issues with xp pro
How to back up a PS2 DL game
Copy a protected DVD?
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > Optical Storage > Import ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, November 22, 2000
Import taxes mulled for PS2

"...Is Sony's new PlayStation 2 a video game player or a computer? It's more than just a marketing question: The answer is costing the Japanese electronics maker millions in import taxes ahead of this week's European launch. The hot new consoles hit the shelves across Europe on Friday after setting off a scramble among early Christmas shoppers in the United States last month.

But the customs office in Britain, where Sony Computer Entertainment Europe is based, rejected that argument and put the PlayStation 2 in the same video games category as the originals.

That means each unit is subject to a duty of 2.2 percent, or roughly $9, when imported for sale in the European Union. Products classified as "digital processing units" - i.e. computers - don't have to pay any import tax. Sony spokeswoman Liz Ashford said Wednesday the company is appealing the decision in London by asking for a departmental review. If that fails, the company may file suit.

EU Commission spokesman Jonathan Todd said the EU established the rules for "computers used basically for games" earlier this year when confronted with Sony rival Sega's similarly souped-up Dreamcast console.

The Playstation 2 decision "is in line with the Commission's classification rules," he said, adding that Sony was free to challenge the ruling in court. In the meantime, Ashford said, Sony is absorbing the cost of the tariffs rather than passing it on to European consumers, who already will pay a hefty premium over U.S. video game addicts.

The same PlayStation 2 that retails for $299 in the United States is priced at 299 pounds ($425) in Britain, 2,990 francs ($385) in France and 869 marks ($375) in Germany..."

HP to pay antipiracy fee for CD burners :(((((        All News        Pioneer introduces DVR-2000 DVD Recorder!
HP to pay antipiracy fee for CD burners :(((((     Optical Storage News      Pioneer introduces DVR-2000 DVD Recorder!

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
PS2 Sales Reach 150 Million Mark
Britain Proposes Internat Ban For Illegal Downloaders
Sony Announces Availability of Limited-Edition SingStar PlayStation 2 Pack
Manhunt 2 Now Available in North America
Atari Launches Test Drive Unlimited for PS2
Test Drive Unlimited Goes Gold On PC And PS2 System
Burnout Dominator in Development for PS2 and PSP
Sony Releases Limited Edition Silver Playstation 2
Sony to Cut PS2 Price in Japan
New PS2 and PSP Titles to be Unveiled at E3 2006
Sony to Cut Price of PlayStation 2 Soon
Sony PS2 Reaches 100 Million Shipments

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .