Spanish start-up calls for shake-up of VAT refunds for tourists

After four decades of selling tourists “tax-free” shopping that is really a slow, partial VAT refund, Spanish fintech STAMP is campaigning to flip the model so non-EU visitors never pay the tax at the ...

South Korea to drop cosmetic surgery tax incentives that have fuelled wave of medical tourism

South Korea says it will stop providing tax incentives for foreign patients who undergo cosmetic surgery, ending an offer ...

Will end of Korea’s aesthetics VAT refund drive medical tourists away?

A decade-old tax break that drew foreign patients to Korea’s cosmetic surgery clinics ends this month, and the industry is ...
VietnamPlus

Legislators debate adjustments to VAT Law

Deputies said delayed VAT refunds remain a major obstacle for businesses, calling for stronger technical tools and a clearer ...
The New Times on MSN

Renewed pledge to end delays in VAT refund process

The government to address the persisting value-added tax (VAT) refund delays, which the members of the private sector said is a major challenge for cash flow and business growth. The issue of delayed ...