What is VAT?

Jul 24th, 2001, 06:33 AM
  #1  
ana
Guest
 
Posts: n/a
What is VAT?

I'll be traveling in France & Russia in August and hear about a discount "The VAT". Can anyone tell me exactly what this is and how do I obtain this card? Thanks.
 
Jul 24th, 2001, 06:38 AM
  #2  
Emma
Guest
 
Posts: n/a
VAT stands for value added tax.
 
Jul 24th, 2001, 06:41 AM
  #3  
elvira
Guest
 
Posts: n/a
VAT is a sort of sales tax that's included in the quoted price (i/o $20 price tag, then 7% sales tax added at the checkout counter, the price tag reads $21.40). In most countries, the VAT is high - like 17%.

Tourists buying souvenirs can recoup the VAT when they leave. With a minimum purchase (about $100 in most countries), you're given paperwork by the store, which is stamped by customs when you leave the country (or last stop in Europe). The money can be sent to you in a check (don't - takes too long) or be credited to your credit card or bank account.

No card is involved.
 
Jul 24th, 2001, 07:05 AM
  #4  
AnnaC
Guest
 
Posts: n/a
In the UK, VAT is 17.5% on most things.

There are some items on which VAT does not apply, in particular books and children's clothes.
 
Jul 24th, 2001, 07:08 AM
  #5  
Rich
Guest
 
Posts: n/a


You will be able to recoup VAT in France for merchandise taken out of th country, but not Russia. Russian VAT is in name only . . nothing like the rest of the European VAT.

Enjoy . . Rich
 
Jul 24th, 2001, 02:07 PM
  #6  
henny
Guest
 
Posts: n/a
"Vat is VAT"?

"How do you pronounce Hawaii? Ha-vi-ee or Ha-Why-ee?"

"Ha-vi-ee"

"Thank you"

"You're velcome"
 
Related Topics
Thread
Original Poster
Forum
Replies
Last Post
jeanne
Europe
7
Jan 24th, 2010 09:23 PM
Londie
Europe
16
Nov 12th, 2001 10:40 AM
Ann
Europe
4
May 23rd, 2001 06:04 AM
DC
Europe
5
May 1st, 2001 11:11 AM
Dorothy Johnson
Europe
4
Dec 16th, 1998 04:07 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On


Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy -

FODOR'S VIDEO

All times are GMT -8. The time now is 11:49 PM.