Where tourists save on EU VAT

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Summertime means summer travel. And while July is the?most popular travel month for Americans, August is when?most Europeans?go into holiday mode. (If you’re reading this while on vacation, we’re flattered.)

Travel means spending money, and of course, tourism is an important source of revenue for many countries. Holiday-goers spend across the economy — not just on transportation, lodging, food, and activities, but also on plain ol’ shopping. Gifts, souvenirs, clothes, local crafts… you name it.

To encourage this spending, some places offer tax-free shopping or tax refunds for tourists. Savvy shoppers have the chance to save. The EU Commission has a whole?guide to VAT refunds for non-EU visitors. And did you know that EU tax rules aren’t spread equally across all member states and territories? Take a look at?this list of where VAT, customs, and excise tax do and don’t apply.

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