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VAT Amount vs Refund Amount
I keep reading that you get your VAT amount back when you claim those Tax Free (Global Blue, Global Tax Free) receipts, but here I am in Korea and all my receipts have a Refund Amount that is always lower than the VAT amount. Instead if 10% it's usually a rounded number closer to 6%. What gives?
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Originally Posted by bcx
(Post 23776255)
I keep reading that you get your VAT amount back when you claim those Tax Free (Global Blue, Global Tax Free) receipts, but here I am in Korea and all my receipts have a Refund Amount that is always lower than the VAT amount. Instead if 10% it's usually a rounded number closer to 6%. What gives?
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To be honest, there are so many Chinese tourists at the airport claiming their own tax free that you need to arrive really early and spend a nice chunk of change back for it to be worth it!
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