Archived posting to the Leica Users Group, 2002/04/09

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Subject: Re: [Leica] Has Leica ever offered a student discount program?
From: Nathan Wajsman <wajsman@webshuttle.ch>
Date: Tue, 09 Apr 2002 20:19:27 +0200
References: <20020409165502.21700.qmail@web21308.mail.yahoo.com>

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
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Nathan Wajsman
Herrliberg (ZH), Switzerland

e-mail: wajsman@webshuttle.ch
Mobile: +41 78 732 1430

Photography page: http://www.wajsman.com



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In reply to: Message from Photo Phreak <leicam4pro@yahoo.com> (Re: [Leica] Has Leica ever offered a student discount program?)