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.

The VAT system is used to tax the consumption of goods and services in more than 170 countries, making the United States an outlier for not having one. Here’s how it works. What is a value-added ...

The new tariffs would consider not only existing tariffs but also taxes like the value-added tax (VAT) applied by other countries on U.S. goods.

Most of the world uses a consumption tax called value-added tax to fund its governments. Learn about how (VATs) are administered. S&P 500 +---% | Stock ...

Still, Trump blames the VAT for the U.S. trade deficit with the European Union, which hit $236 billion in 2024, according to the Census Bureau, second only to China. “A VAT tax is a tariff ...