September 22, 1985
Tourists in Norway will receive more prompt reimbursement of the value-added tax (VAT) on Norwegian consumer goods. Instead of being reimbursed by mail after the visit has ended, tourists will be repaid the VAT in cash upon leaving the country. When buying a product, the tourist will be issued a check indicating the amount of tax to be refunded (12.5%). Upon departure from the country, the money will be paid out against proof of purchase and showing of passport.
January 2, 1987 |
Greece introduced a value added tax Thursday on goods and services. Finance Ministry figures show that the tax will range from 6% on widely consumed goods such as dairy products and wine, to 18% on items like soap and textiles and 36% on luxuries such as cigarettes, cosmetics and coffee. Ministry officials said that although the tax was formally introduced Thursday, it will not become effective until February, when a three-month price freeze imposed by the Socialist government comes to an end.
CALIFORNIA | LOCAL
February 18, 1988
Kuttner points out that liberals may be in favor of an $80-billion VAT. The liberals can then pursue their spending programs using the resulting tax windfall. However, a tax of this magnitude on top of state sales taxes of up to 8% would crush consumer spending and cause the next recession. Increased taxes will not solve the budget deficit as long as Congress increases its spending in lock step with the incoming revenues. Congress must place strict limits on its own spending before raising taxes.
July 17, 1988 |
Question: As a tourist, can I obtain a refund on the value-added tax I paid on my hotel bill in Britain? Answer: VAT is refunded only on goods you take out of the country, not on accommodations. Q: I was charged extra for driving a rental car across a state line. Is this legal? A: Car rental firms make their own rules, which differ from company to company. Q: How can I beat the high surcharges by some foreign hotels when I call home? A: You can use several U.S.
June 15, 1986 |
Not long ago, I was in London and made the typical American tourist pilgrimage to Harrod's. I entered the department store confident of my purchasing power. Twenty minutes later, as the saleswoman added up the damages, I was shocked. Immediately, I had visions of the American Express SWAT team surrounding my house demanding payment. The total for goods I had bought was much higher than I expected. Not to worry, the clerk assured me. I qualified for a hefty VAT refund. I filled out some forms.
April 16, 1993 |
The crushing cost of health care has prompted the Clinton Administration to revive consideration of a controversial tax plan to finance a sweeping program of reform. Alice Rivlin, deputy director of the Office of Management and Budget, this week called the value-added tax--better known as VAT--"a possible candidate" for financing health care reform, even though President Clinton earlier had denied that a VAT was in the offing.