EU proposes taxing fanciest mobile phones

The European Union executive is planning to tax some mobile phones, a move that would mean higher prices for consumers, representatives from the wireless industry said.

Last week, the European Commission sent member states a formal proposal that has not been made public to reclassify some phones as "multi-functional devices," which would trigger a 14 percent tax on devices with television receivers and a 3.7 percent tax on navigation-enabled ones.

[via the IHT]

emily | 1:49 PM | News, Buzz |
The Permanent Link to this page is: http://www.textually.org/textually/archives/2008/12/022082.htm