Customs moves in on cut-price CDs, DVDs and games
According to The Inquirer, HM Customs isn’t too chuffed with companies such as Tesco setting up offshore CD/DVD/games shops to dodge VAT. A crackdown seems inevitable; expect Bittorrent downloads to go up, then…
Update, 27 June
The Inquirer reports that Jersey’s authorities are moving to close the tax loophole.
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Comments
I’m not sure why it’s seen as unfair - surely in these days of european integration, free market etc firms should be free to operate from anywhere in the EU they fancy? It’s nowhere near as sneaky as the “card handling fee” scam, after all.
Yeah, I think we all saw what the EU meant by “removing” trade barriers when they banned duty free shopping.
Bum