Word: vat
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...Atlantic within weeks. Even Microsoft is reportedly negotiating to put Beatles' songs online. But competition doesn't guarantee bargains. While Apple reveals its European prices this week, at $1.82 a song Napster costs U.K. subscribers 84% more than those in the U.S. Blame higher label fees, plus the VAT. iTunes, though, has a secret weapon: the iPod, the only digital player that can be used with the music store. "Apple traps iPod buyers...
...salon. What's behind the hysteria? E.U. accession will bring about changes in taxation, tariffs and price support. This means that the price of dairy products in Poland, for example, could rise 10-30% and that an $11 haircut in the Czech Republic will cost $12.50 due to higher vat. Anticipating a hike, many consumers are returning to buying practices learned during earlier regimes. "It's a conditioned reflex going back to the communist times," says Adéla Seidlová, head of the Center for Public Opinion Research in Prague. "Everybody knows it's better to stock up than...
Tucked away somewhere in the White House, maybe down in the basement fridge, is a vat of Kool-Aid and a little stack of Dixie cups reserved for the true believers. Every Administration brews the stuff, but each makes it differently. Some stir in strong convictions, some just sweet loyalty. Whatever the mix, the motive is the same: to instill in all who drink it an unshakable faith in the man and his mission, infuse discipline and ensure a second term. Belief runs so strong in this White House that when the President found himself with a suddenly serious credibility...
...about 70% of the patients who occupy the nation's 350,000 beds for the elderly, and uses its clout to drive down prices and regulate caregivers. It's not as if regulators aren't trying to address the amount of paperwork. The DTI says that a flat-rate vat scheme, introduced last year, has cut red tape for 700,000 small businesses. It also notes that before any regulations are introduced, studies are done to assess the effect they might have on small business. But others remain unconvinced. "There is this emphasis on a paper trail," says a spokesman...
After years of creating new kinds of commissions for the brokers who sell them, some mutual funds now resemble a vat of alphabet soup cooked up by a character out of Dr. Seuss. There are A shares, B shares and C shares, not to mention D shares, I shares, Y shares and Z shares--all collecting different fees in different ways...