If you’ve ever traveled outside the United States and done some shopping, chances are you’ve noticed a value-added tax on your receipts. Here’s what VAT is, how it works, and how you might be able to get your money back. What is VAT? Value-added tax is a tax on the value sellers add to products…

Tina Orem is a writer at NerdWallet. Email: torem@nerdwallet.com.

The article Value-Added Tax: What It Is and How VAT Works originally appeared on NerdWallet.

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