Archived posting to the Leica Users Group, 2002/04/09
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Photo Phreak wrote: > > > Leica had a student program which ended 31 march this > > year. For German > > photography students there was a 30% discount. > > > Wouldn't that be about the same as refunding or > rebating the Value Added Tax(es)? No, the German VAT is only 16%, so a VAT-free price represents a discount of only 14% (the VAT-free price = price incl. VAT / 1.16), so the student discount they had was more than double the VAT refund. Nathan - -- Nathan Wajsman Herrliberg (ZH), Switzerland e-mail: wajsman@webshuttle.ch Mobile: +41 78 732 1430 Photography page: http://www.wajsman.com - -- To unsubscribe, see http://mejac.palo-alto.ca.us/leica-users/unsub.html