New sub 116610LN - stopped

[Room 101]

Originally Posted by DoDe

I’ve heard that Rolex and Customs have installed a chip causing watches to slow down and eventually stop if you do not pay taxes. Oh, and I have also heard that Rolex is about to install a similar chip which could sense if watch sold by grey......

UK is part of Europe (for now) so there is no tax to be paid in the UK. Tax is collected at source, ie Italy.
Plus when you think about it, he's probably propping up the Italian economy with that purchase! (if you're not aware, they are pretty close to financial ruin)