Value-Added Tax (VAT): What it is and how to get it refunded if you shop while traveling What is a Value-Added Tax (VAT) and can I get it refunded? Updated Thu, Mar 6 2025.

A VAT is similar to a sales tax, but it is collected differently, with the government getting paid at different points along a product’s supply chain. Let’s say you live in the U.S. and buy a ...

Work out how much VAT you'll need to pay on top of a builder's quote or on other purchases. Different rates of VAT apply to different goods and services. There are currently three rates - the ...

In Europe, VAT rates vary by country, but on average are about 20 percent — far higher than sales taxes in the United States, which averaged 6.6 percent in 2023, according to the Tax Foundation.