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VAT increase in Spain

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G. Wayne Ragan
Member
Username: G_wayne

Post Number: 11
Registered: 06-2008
Posted From: 66.19.186.51
Posted on Sunday, May 02, 2010 - 05:54 am:   

I was in Hungary a year and half ago, and the VAT there in Budapest, including local and national VAT was 28%. In Slovenia, 25% and in Croatia, 24%. To be in the EEU, they are required to have a minimum of 15% VAT on everything. Save all your receipts if you are there for a while and make a spreadsheet. If you do, you will get most of it back when you leave, or it will be sent to you at home. Save every receipt for food, cokes, food - everything. Let it be hard for them to figure out what you are not entitled to get back.
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Bob Dart
Senior Member
Username: Bobdart

Post Number: 1460
Registered: 06-2005
Posted From: 76.29.20.95
Posted on Wednesday, April 14, 2010 - 03:54 am:   

Tony, I'm heading that way next Friday but I too will be back before. However, I plan on heading back both in June and July, so at least I'll be okay for two out of the three trips. Regardless, I hate to see the price for my cup of coffee escalating.
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Tony Cabrera
Senior Member
Username: Tonyc

Post Number: 1537
Registered: 08-2006
Posted From: 208.12.99.234
Posted on Wednesday, April 14, 2010 - 12:44 am:   

I'm on my way to Spain right now, and glad I'll be heading back before July. So, I guess I will get hit next time I visit.

Walt, not worth the time, unless you're buying heavy stuff.

Happy travels!
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D.B.M UK
Senior Member
Username: Overlandrover

Post Number: 5846
Registered: 04-2005
Posted From: 88.105.121.239
Posted on Tuesday, April 13, 2010 - 05:23 pm:   

Still 17.5 here in the UK, but we are having a election soon, so who knows?
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Bob Dart
Senior Member
Username: Bobdart

Post Number: 1457
Registered: 06-2005
Posted From: 76.29.20.95
Posted on Tuesday, April 13, 2010 - 04:46 pm:   

Germany is at 20 percent, now Spain. I imagine the others are contemplating similar moves.
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Walt in Tacoma WA.
Senior Member
Username: Wabaade1msncom

Post Number: 526
Registered: 11-2005
Posted From: 75.172.21.122
Posted on Tuesday, April 13, 2010 - 04:10 pm:   

My wife says it's 18 percent presently.

Some of it is refundable at the Airport as you leave the country. You have to wait in a line with the proper documents for a refund. Add an extra hour to your normal Airport arrival. I bought a wrist watch and the store manager gave me the papers I needed to collect the VAT. Not worth waiting if you only make small purchases.
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Bob Dart
Senior Member
Username: Bobdart

Post Number: 1455
Registered: 06-2005
Posted From: 76.29.20.95
Posted on Tuesday, April 13, 2010 - 03:39 pm:   

Martin, do you recall their current VAT rate?
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Cherry C.
Senior Member
Username: Cherry

Post Number: 6212
Registered: 06-2003
Posted From: 71.163.18.160
Posted on Tuesday, April 13, 2010 - 12:05 pm:   

Another bunch of government officials that expect to tax their way into economic growth?
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Martin V Smith
Advanced Member
Username: Mvsusaf

Post Number: 259
Registered: 04-2005
Posted From: 72.76.38.134
Posted on Tuesday, April 13, 2010 - 11:47 am:   

Yesterday's Financial Times reports that the VAT will increase by 2 points on July 1st in Spain.
This increase is to forestall similar problems that Greece is now undergoing.

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