Posted inNEWS, Business, FEATURES, LEAD STORY
Britain may scrap Tourist Tax that’s driving Americans to Paris and Milan
Britain’s Treasury is looking into restoring instant VAT (sales tax) rebates for shoppers visiting from overseas. The so-called Tourist Tax means wealthy visitors from Asia, the Middle East and North America can claim back sales taxes, normally in the region of 20%, on goods if they shop in European Union hotspots like Milan and Paris. […]
