EMAIL
| PRINT
| REPORT TYPO
| SEND YOUR FEEDBACK
|
UK court rules Pringles are potato-light, tax-free
- July 4, 2008 3:42 PM
- By Commodities
The Associated Press
Britain's High Court has ruled that Pringles are not a potato snack, and thus are not subject to value-added tax.
The ruling by Justice Nicholas Warren is expected to save millions for the manufacturer, Procter and Gamble Co.
Warren overruled a VAT Tribunal decision that Pringles should be subject to the 17.5 per cent tax because it met the definition of "potato crisps, potato sticks, potato puffs and similar products made from the potato, or from potato flour, or from potato starch."
The judge found that Pringles were only 42 per cent potato, and thus exempt.
is a multimedia producer for CBCNews.ca. Categories
Recent Entries
- Chinese county revokes rule requiring officials to smoke local cigarettes
- A county in rural China has backtracked on an edict that government employees must smoke only locally made cigarettes after the order was reported in a newspaper.... Continue reading this post
- Brits set to nosh on squirrel-flavoured potato chips
- British tastebuds will never be the same, as a gaggle of outlandish potato chip varieties – including Cajun squirrel – hit store shelves across the country on Friday.... Continue reading this post
- Will a green phone ring up sales?
- In the hotly competitive cellphone market, a small marketing edge can really help. A green edge is even better, with consumers worried about the state of the environment.... Continue reading this post