Wednesday, October 5, 2011

What's Needed to Start the VAT Refund Process?

The Documents. When you make your purchase, have the merchant fill out the necessary refund document, called a "cheque." You'll need to present your passport. Make sure the paperwork is done before you leave the store so there's nothing important missing. If they leave any blanks for you to fill out, be sure you understand what goes where. Attach your receipt to the form and stash it in a safe place.

Know where to get your refund. If you buy merchandise in a European Union country and you're bringing the goods home with you, process your documents at your last stop in the EU, regardless of where you made your purchases. So if you buy sweaters in Denmark, pants in France, and shoes in Italy, and you're flying home from Greece, get your documents stamped in Athens. Be aware that if the currencies are different in the country where you made your purchase and where you process your refund you may have to pay an extra conversion fee.

More tomorrow on finishing up this process...

No comments: