EU prices raised to 0.89€

[Ovogame]

Seriously, this is still less than a French "baguette" or a cup of coffee in a bar. Get serious, this will have absolutely no impact on sales, we will just get a bit more royalties from Europe.

JC

[Ovogame]

Originally Posted by Foursaken_Media

Maybe it has something to do with the value of European currency...

Not at all, it is still pretty high compare to the $ unfortunately. Being paid in $, I have to convert it to euros... and that always a sad thing to do. In the last 5 years, the $ hardly went above 0.8 euros:
http://finance.yahoo.com/q/bc?s=USDE...=on&z=m&q=l&c=
To give you an idea of how high the euro is compare to the $, when the euro was created, it was $1 = 1 euros.

JC

[Vovin]

Originally Posted by Ovogame

Not at all, it is still pretty high compare to the $ unfortunately. Being paid in $, I have to convert it to euros... and that always a sad thing to do. In the last 5 years, the $ hardly went above 0.8 euros:
http://finance.yahoo.com/q/bc?s=USDE...=on&z=m&q=l&c=
To give you an idea of how high the euro is compare to the $, when the euro was created, it was $1 = 1 euros.

JC

Remember that the taxes are already included in the 0.89€ in most countries in Europe. Should be always around 15-20% taxes.

[Ovogame]

Originally Posted by Vovin

Remember that the taxes are already included in the 0.89€ in most countries in Europe. Should be always around 15-20% taxes.

I know
In France that's 19.6% and it will probably get increased. But if Apple increase the selling price, our shares will automatically increase too.

JC

[Vovin]

Originally Posted by Ovogame

I know
In France that's 19.6% and it will probably get increased. But if Apple increase the selling price, our shares will automatically increase too.

JC

Yes, as I stated in the other thread. Was about time, even if it is not that much. Since tax is roughly 20% and Apple takes another 30%, revenue for the devs is 5 Eurocent more per unit sold. Unless you're working with a publisher.
Taxes in Germany are 19%, btw.

[Hercule]

Apple is in Luxembourg (the country), so the actual taxe is 15% for europe. (until 2015 when law will change)

[Ovogame]

Originally Posted by Hercule

Apple is in Luxembourg (the country), so the actual taxe is 15% for europe.

It doesn't work like that. It doesn't matter where Apple is located... when they sale a game at 89c to French people (for example), they HAVE to pay 19.6% in tax to the French tax organization.

They are in Luxembourg because it is a fiscal paradise in Europe... They don't pay (or very little I don't know) tax on their benefits.

JC

[Hercule]

Originally Posted by Ovogame

It doesn't work like that. It doesn't matter where Apple is located... when they sale a game at 89c to French people (for example), they HAVE to pay 19.6% in tax to the French tax organization.

They are in Luxembourg because it is a fiscal paradise in Europe... They don't pay (or very little I don't know) tax on their benefits.

JC

No, that's a special trick on virtual goods and only with Luxembourg.
Many website talked about it.
In French:
http://www.mac4ever.com/actu/53213_b...lux-pour-apple

[R3v]

Originally Posted by Ovogame

It doesn't work like that. It doesn't matter where Apple is located... when they sale a game at 89c to French people (for example), they HAVE to pay 19.6% in tax to the French tax organization.

They are in Luxembourg because it is a fiscal paradise in Europe... They don't pay (or very little I don't know) tax on their benefits.

JC

Nope. For all EU sales, you only pay 15% VAT in Luxembourg.

[bladko]

i wonder how Apple would look like if he would have to pay taxes as any other company not by being in Luxembourg ...