How Strange the Effect of VAT!

As promised, here are a few prices for an English product, a new Jaguar, priced in a few countries.

Country		Price in USD
US		72,000
Canada		88,000
England		106,600
France		149,760
Switzerland		155,925
Portugal		120,960

France and Portugal both use the Euro (€): the difference is purely taxation differences, even though both belong to the European Common Market (as does England).

Swiss pricing has been converted from Swiss Francs to USD; English pricing from Pounds Sterling (£) to USD, and Euros pricing has been converted to USD.

As a reminder, until last year, Jaguar was owned by Ford. It has since been sold to the Indian firm, Tata Motors. The pricing has not changed, so it would seem that the differences in maximum corporate tax rates, presented yesterday, have no effect despite the propaganda American corporations (& quite possibly many/most other countries large corporations) put out.