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 till.
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 till.
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