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Old 29 March 2011, 10:23 PM   #1
The GMT Master
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Originally Posted by sportsmaven20 View Post
I know I may be opening myself up here, but I feel like the Geico caveman living under a rock...what is VAT?
Value added tax - essentially sales tax, but it's applied to just about everything in this country. However, residents outside of the EU can apply to have VAT refunded when leaving the country
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Old 29 March 2011, 10:28 PM   #2
Expatbob
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Value added tax - essentially sales tax, but it's applied to just about everything in this country. However, residents outside of the EU can apply to have VAT refunded when leaving the country
I think your answer was better than mine!
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Old 29 March 2011, 11:09 PM   #3
sportsmaven20
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Value added tax - essentially sales tax, but it's applied to just about everything in this country. However, residents outside of the EU can apply to have VAT refunded when leaving the country
Thanks for the explanation Chris!
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