If you’re a true bargain hunter, you’ve probably heard about duty-free shopping before. It’s an opportunity to save tens or hundreds of dollars on your purchases by shopping in areas that have been designated as “duty” (or tax) free. Unfortunately, like many shopping tactics, duty-free isn’t always clear-cut. Today, we’ll introduce you to the topic with our beginner’s guide on duty-free shopping.
With tax refunds in hand, vacation spending is on the rise this year with the majority of traveling Americans expected to spend the same or more on their travel excursions. Before you hit the road, check out our infographic presentation, which shows how Americans plan to spend vacations and compares value added taxes in some of the more popular travel destinations. Full story
Some Americans are unfamiliar with the concept of a value added tax. While no value added taxes (or VAT) yet exist in the United States, they are collected throughout much of Europe. Full story