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: firstname.lastname@example.org.
The article Value-Added Tax: What It Is and How VAT Works originally appeared on NerdWallet.