Congratulations to Alex Zilioli in his O-125 Hydro World Championship and to Daniele Frontoni with a third place podium finsh, both running GRM engines. Also to Tim Small who showed if you want to win in 500 Runabout, you better be running the powerful 2 cylinder GRM motor. Tim won the UIM World title for the second time running this potent engine. If you want to run up front, then get the front runner, GRM motors.
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GRM wins 125 Hydro and 500 runabout at UIM World Championships
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The complete 125 GRM motor like the one that won the World Championship comes with hydraulic up/down tower and programmable ignition and is 4400 Euros. GRM motors were the most depedable motors all year and finished first and third at the World Championships.
Contact Rex Hall, rexfordhall@aol.com
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Euro rate today is € 1 = $1.27 (4400 x 1.27 = $5588).
Does the € 4400 already account for the deduction of EU value added tax (VAT, or mehrwertsteuer in German, which is approx 19%), or is the € 4400 cost for those in Europe? Spent many a year in Germany to know about the VAT/mehrwertsteuer - if sold outside the EU then the MWT may be refunded by requesting through EU customs.
"For the purpose of exports between the Community and non-member countries, no VAT is charged on the transaction and the VAT already paid on the inputs of the good for export is deducted - this is an exemption with the right to deduct the input VAT, sometimes called 'zero-rating'. There is thus no residual VAT contained in the export price." cited from: http://ec.europa.eu/taxation_customs...s/index_en.htm
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Originally posted by Shane_B View PostEuro rate today is 1 = $1.27 (4400 x 1.27 = $5588).
Does the 4400 already account for the deduction of EU value added tax (VAT, or mehrwertsteuer in German, which is approx 19%), or is the 4400 cost for those in Europe? Spent many a year in Germany to know about the VAT/mehrwertsteuer - if sold outside the EU then the MWT may be refunded by requesting through EU customs.
"For the purpose of exports between the Community and non-member countries, no VAT is charged on the transaction and the VAT already paid on the inputs of the good for export is deducted - this is an exemption with the right to deduct the input VAT, sometimes called 'zero-rating'. There is thus no residual VAT contained in the export price." cited from: http://ec.europa.eu/taxation_customs...s/index_en.htm
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