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Tax-free shopping (TFS) is the buying of goods in another country or state and obtaining a refund of the sales tax which has been collected by the retailer on those goods. [1] The sales tax may be variously described as a sales tax, goods and services tax (GST), value added tax (VAT), or consumption tax. Promoting tax-free shopping and making ...
The Army & Air Force Exchange Service (AAFES, also referred to as The Exchange and post exchange/PX or base exchange/BX) provides goods and services at U.S. Army and Air Force installations worldwide, operating department stores, convenience stores, restaurants, military clothing stores, theaters and more nationwide and in more than 30 countries and four U.S. territories.
Brendan O'Regan established the world's first duty-free shop at Shannon Airport in Ireland in 1947; [6] it remains in operation today. Designed to provide a service for trans-Atlantic airline passengers typically travelling between Europe and North America whose flights stopped for refuelling on outbound and inbound legs of their journeys, it was an immediate success and has been copied worldwide.
Florida (July 29-Aug. 11) What’s tax-free: School supplies: $50 or less per item. Clothing, footwear, and accessories: $100 or less per item. Computers and related accessories: $1,500 or less ...
A 1035 exchange is a type of like-kind exchange that allows a tax-free exchange of a life insurance policy, annuity contract, long-term care product or endowment for another of a similar structure ...
Headquartered in Signy, Switzerland, Global Blue provides technology that reimburses retailers for making shopping tax-free for consumers. It serves more than 400,000 merchant stores in over 50 ...
Base exchange. An exchange is a type of retail store found on United States military installations worldwide. Once similar to trading posts, they resemble modern department stores or strip malls. The terminology varies by armed service; some examples include base exchange (BX), and post exchange (PX), and there are more specific terms for ...
Tennessee's tax-free weekend begins at 12:01 a.m. Friday, July 26, ending at 11:59 p.m. Sunday, July 28. ... That’s why Tennessee’s Sales Tax Holiday is so important to families who are about ...