Travelers to Europe may be leaving money on the table. Here's why
Business
Travelers to Europe may be leaving money on the table when they buy goods there . I learned this during a recent trip to Italy. My girlfriend, who bought a pair of shoes in Venice, was able to claim a refund on the value-added tax she paid on the purchase. She ultimately got back 17 euros (US$20) on a total purchase of 155 euros (US$181). Refunds of value-added tax, known as VAT, can be worth a "chunk of money" for U.S. travelers to Europe, depending on what they buy and in which country they
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