Comments on: Europe’s Biggest Scam – Tax Free Cash Refund http://www.psfk.com/2007/08/europe%e2%80%99s-biggest-scam-%e2%80%93-tax-free-cash-refund.html Ideas & Trends Mon, 23 Nov 2009 05:50:05 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Jake Stuart http://www.psfk.com/2007/08/europe%e2%80%99s-biggest-scam-%e2%80%93-tax-free-cash-refund.html/comment-page-1#comment-255931 Jake Stuart Tue, 28 Apr 2009 14:31:29 +0000 http://www.psfk.com/2007/08/europe%e2%80%99s-biggest-scam-%e2%80%93-tax-free-cash-refund.html#comment-255931 does anyone know what is the business model behind globalrefund and the likes? does anyone know what is the business model behind globalrefund and the likes?

]]> By: Andrea Bogazzi http://www.psfk.com/2007/08/europe%e2%80%99s-biggest-scam-%e2%80%93-tax-free-cash-refund.html/comment-page-1#comment-248413 Andrea Bogazzi Mon, 26 Jan 2009 13:36:32 +0000 http://www.psfk.com/2007/08/europe%e2%80%99s-biggest-scam-%e2%80%93-tax-free-cash-refund.html#comment-248413 i know what you are talking about. i work for one of those companies :) I live in italy and there there are 3 private companies. The process is not difficult, but there is a common misleading: No one will you give cash BEFORE the CUSTOM put a Stamp in your form, and the custom want to see what you are exporting. if you want to take cash in town, you must give your credit card number as guarantee and you get cash. If you don't send back the form stamped from the EU custom office, the money will be taken back from your credit card ( no added commision from my company , other does add something). The biggest problem is the shop that doesn't give correct information and that the high cost that takes to have an office in every airport ( italy has too much airports ). also getting EURO is difficult from a lot of companies (not mine again ), they try to sell you dollars at a bad change rate... Hope it will go better if you come back in italy. i know what you are talking about.
i work for one of those companies :)
I live in italy and there there are 3 private companies.

The process is not difficult, but there is a common misleading:
No one will you give cash BEFORE the CUSTOM put a Stamp in your form, and the custom want to see what you are exporting.

if you want to take cash in town, you must give your credit card number as guarantee and you get cash. If you don’t send back the form stamped from the EU custom office, the money will be taken back from your credit card ( no added commision from my company , other does add something).

The biggest problem is the shop that doesn’t give correct information and that the high cost that takes to have an office in every airport ( italy has too much airports ).

also getting EURO is difficult from a lot of companies (not mine again ), they try to sell you dollars at a bad change rate…

Hope it will go better if you come back in italy.

]]> By: iMarketingBlog http://www.psfk.com/2007/08/europe%e2%80%99s-biggest-scam-%e2%80%93-tax-free-cash-refund.html/comment-page-1#comment-209534 iMarketingBlog Sat, 08 Nov 2008 17:21:39 +0000 http://www.psfk.com/2007/08/europe%e2%80%99s-biggest-scam-%e2%80%93-tax-free-cash-refund.html#comment-209534 I went to Iceland last month, and I got my tax refunded. It was quite a hassle using global refund, since I had to wait for 45 minutes for my turn, but they accepted all of my reciepts, and put the money directly to my bank account. - I chose this. As for the "Icelandic Tax refund" or something, I could cash it in the tax-free at the airport,or use it for shopping. - Preben I went to Iceland last month, and I got my tax refunded.

It was quite a hassle using global refund, since I had to wait for 45 minutes for my turn, but they accepted all of my reciepts, and put the money directly to my bank account. – I chose this.

As for the “Icelandic Tax refund” or something, I could cash it in the tax-free at the airport,or use it for shopping.

– Preben

]]> By: mark http://www.psfk.com/2007/08/europe%e2%80%99s-biggest-scam-%e2%80%93-tax-free-cash-refund.html/comment-page-1#comment-8547 mark Sun, 21 Oct 2007 13:40:57 +0000 http://www.psfk.com/2007/08/europe%e2%80%99s-biggest-scam-%e2%80%93-tax-free-cash-refund.html#comment-8547 To make some points clear: Europe has NO common tax system, therefore you cannot claim your refund in a other country than the contry where you did your purchase. Tax refund is different in many EU contries but can be claimed by everyone who resides outside of the EU - the privte company you have mentioned does it for you and will charge you some percentage of your refund. In general you have to collect the bills and search for further assistance by each contries finance administration. To make some points clear: Europe has NO common tax system, therefore you cannot claim your refund in a other country than the contry where you did your purchase.
Tax refund is different in many EU contries but can be claimed by everyone who resides outside of the EU – the privte company you have mentioned does it for you and will charge you some percentage of your refund.
In general you have to collect the bills and search for further assistance by each contries finance administration.

]]> By: Coleman Horn http://www.psfk.com/2007/08/europe%e2%80%99s-biggest-scam-%e2%80%93-tax-free-cash-refund.html/comment-page-1#comment-7174 Coleman Horn Thu, 30 Aug 2007 12:59:59 +0000 http://www.psfk.com/2007/08/europe%e2%80%99s-biggest-scam-%e2%80%93-tax-free-cash-refund.html#comment-7174 I've had the runaround too.. this is a total scam.. there are too many small loopholes that are required in order to process the "refund" I have never actually met anybody who has actually received a refund. Whenever I have tried, I just get shut down on some small issue- (Sir, you have not checked the proper box, we have to confiscate your receipts) I’ve had the runaround too.. this is a total scam.. there are too many small loopholes that are required in order to process the “refund” I have never actually met anybody who has actually received a refund. Whenever I have tried, I just get shut down on some small issue- (Sir, you have not checked the proper box, we have to confiscate your receipts)

]]> By: Daniel Prestes http://www.psfk.com/2007/08/europe%e2%80%99s-biggest-scam-%e2%80%93-tax-free-cash-refund.html/comment-page-1#comment-7136 Daniel Prestes Wed, 29 Aug 2007 10:18:22 +0000 http://www.psfk.com/2007/08/europe%e2%80%99s-biggest-scam-%e2%80%93-tax-free-cash-refund.html#comment-7136 Piers, I'm from Brazil but I recently moved to Reykjavík, Iceland. Going around Europe in these low cost airports I've never seen one of this tax refund offices. They've told me that only in major airports! When I got here in Iceland (which is not part of the EU) I sent an e-mail to the store I bought with tax free in Madrid about how hard they make us to be refunded - for not say a worse thing... Well, now I have to send them any proof that I've left the EU (like flight tickets or passports stamps) and they will try to do it for me at the Barajas airport. Why has to be the hardest way? Piers, I’m from Brazil but I recently moved to Reykjavík, Iceland. Going around Europe in these low cost airports I’ve never seen one of this tax refund offices. They’ve told me that only in major airports! When I got here in Iceland (which is not part of the EU) I sent an e-mail to the store I bought with tax free in Madrid about how hard they make us to be refunded – for not say a worse thing…
Well, now I have to send them any proof that I’ve left the EU (like flight tickets or passports stamps) and they will try to do it for me at the Barajas airport. Why has to be the hardest way?

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