Quote:
Originally Posted by inquisitor
The reason why they now prefer Luxembourg is surely the low VAT of 15%, which is the lowest in the Union. eBay bills (for auction fees) also come from a Luxembourg subsidiary with just 15% VAT added.
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Well for that matter they could have just stayed in Switzerland outside of the EU...
Or could they have headed to the canary islands! (Still in the EU... but just so much warmer!)