Hi Halk, HarryT,
I was about the repeat my actions in the website to prove that it came out as EU350. However, for the first time, it does not. It shows up as EU295 (and yes, I did change country to Singapore the last time).
So, there it is. It seems like I owe you guys an apology (and everyone reading this forum) for still thinking that I may be paying EU taxes. However, I am glad I brought this up, as I can now recommend the Cybook again for those who prefer it's features.(and lives outside US or EU)
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