Google bails on the greenback

Google AdSense to me
show details 9:19 AM (1 hour ago)
Hi,

We'd like to inform you about upcoming important changes to your AdSense account.
Your account will switch to Euro or local currency reporting and become subject to
updated Terms and Conditions on or about November 11th 2010.

Should you prefer to make this transition earlier, we recommend logging into your
account now to accept the new Terms. Please feel free to disregard this email if
you've recently made this change.

The main changes included in this Terms and Conditions update are:

- The party that publishers are contracting with changes from Google Inc. to Google
Ireland Limited.
- Publishers are responsible for paying any local taxes in their jurisdiction.
Google will only issue VAT refunds to publishers with an address in Ireland.
- The governing law may change from California law to either English or local law.

You may review the updated Terms and Conditions at
https://www.google.com/adsense/localized-terms. Unfortunately, we're not able to
interpret the meaning of changes in our legal documents for publishers -- if you
have questions or need legal advice on interpreting the new Terms, please don't
hesitate to contact your attorney.

After this change is made, all of your earnings will be reported in Euros or local
currency. For a full list of countries where we support local currency reporting
please see the Help Center article at
http://www.google.com/support/adsense/bin/answer.py?hl=en&answer=142369

When you generate earnings from an advertiser who is paying in a currency other than
Euros or local currency, we'll convert those earnings from the advertiser's currency
to Euros or local currency on a daily basis, using the prevailing market rate from
the previous day. Please note that the payment methods available to you will remain
the same.

For more information on viewing your reports in Euros or local currency, please
visit our Help Center at
https://www.google.com/adsense/support/bin/topic.py?topic=19212 or our blog post
at http://adsense.blogspot.com/2009/03/reports-have-gone-international.html

Sincerely,
The Google AdSense Team