Two agencies specialize in facilitating VAT refunds. Typically, you want to shop at stores that participate in one of these agencies' programs; this will be displayed on a sign.

Get some of your money back with a VAT refund. Here's what it is, how to get it, and more.

MANILA, Philippines — The retail industry is expecting to see a revenue boost following the signing of rules to implement the value-added tax (VAT) refund for foreign tourists.

VAT is applied to most goods and services but if you're planning on international travel, there's a good chance you can get a refund on at least some of your VAT payments.

This video breaks down the VAT refund process, including how much you can save, the required documentation, and minimum spending rules.

China’s new instant VAT refund system enables foreign tourists to receive instant tax rebates at the point of purchase, aiming to boost domestic consumption and streamline the retail-tourism ...

The VAT refund applies exclusively to retail and tangible goods, including electronics, clothing, gadgets, accessories, souvenirs, consumables, and other items intended for personal use.

The government expects inbound tourism to further pick up following the signing of the implementing rules and regulations for the value-added tax refund for foreign tourists.

In March 2024, IMCOM-Europe began pilot testing a mobile App, called Remonon, enabling customers to use one VAT form each month to receive a refund of a portion of the aggregate VAT value from ...

In a report made by the World Economic Forum in May 2024, it is expected that the global tourism industry will continue recovering from the lows of the COVID-19 pandemic and surpass pre-pandemic ...

A previous IMF Working Paper on value-added tax (VAT) refunds (WP/07/31, by Keen and Smith) describes the main forms of VAT noncompliance and concludes that VAT is susceptible to evasion and fraud ...

IMCOM-Europe will announce the launch the of the app’s full availability across IMCOM-Europe to end the pilot when developers and VAT program management are satisfied that full service is feasible.