PS2 News: Tax dispute over PlayStation 2. - PS2 News

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Tax dispute over PlayStation 2.

  Sony is apparently gearing up for legal action on the European Trade Commission because of a dispute as to the import fees on the PlayStation 2.

   A respected UK publication, The Financial Times, has stated that the PlayStation 2 is currently specified as a videogame, and because of this is liable to a 2-point, 2 percent duty for imports. Sony, on the other hand, has made the argument that because of specifications being so high for their next generation console, that PlayStation 2 would be more appropriately classified as a computer, thus making the imports free.

   Sony's Ken Kutaragi has told the Financial Times that his company is threatening to "file suit" if the European Trade Commission doesn't change its stance. To this, the EC retorted that tariff classifications are not set by the commission, rather by the World Trade Organization.

  

11/2/2000 Bryan Keers

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