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A value-added tax can catch some travelers off guard and getting a VAT refund takes patience and persistence. But if you're eyeing a big-ticket purchase while traveling, it can be worth the effort.
Value-Added Tax (VAT): What It Is, How Refunds Work Here's how value-added tax works, what it is and how you can get a VAT refund if you shop while traveling.
Travel smarter with Rick Steves' expert advice on how to make certain purchases overseas work for you. Don't skip this step on your way out.
The VAT system is used to tax the consumption of goods and services in more than 170 countries, making the United States an outlier for not having one. Here’s how it works. What is a value-added ...
The Allure of the Value-Added Tax Liam Ebrill, Michael Keen, Jean-Paul Bodin, and Victoria Summers The VAT began life in the more developed countries of Europe and Latin America but, over the past 25 ...
Most of the world uses a consumption tax called value-added tax to fund its governments. Learn about how (VATs) are administered.
A surge in value-added taxes fueled an increase in tax revenue collected by countries in Asia and the Pacific, according to an OECD report.
Under Resolution No. 204/2025/QH15 of the National Assembly, the 2% reduction in VAT is scheduled to take effect from July 1 ...
The government will introduce an 18% Value Added Tax (VAT) on digital services provided by non-resident companies to local consumers, effective October 1, 2025 ...
The Bureau of Internal Revenue (BIR) urged the public to report pharmacies that continue to impose value-added tax (VAT) on ...
Value added tax (VAT) is one of the government's main sources of income. It is payable on top of the purchase price of many goods and services. The standard rate of VAT is 20%. Previously, private ...
Accordingly, an 18% VAT will be levied on these services, effective from October 1. The government's plan to tax individuals ...