Global Blue
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Global Blue
Global Blue is a tourism shopping tax refund company headquartered in Nyon, Switzerland. The company is best known for tax-free shopping, a VAT/Value added tax, GST refund Product (business), product and also operates in dynamic currency conversion, marketing services, point-of-sale technology, retail staff education, and customer intelligence. It is the industry leader for providing tax refunds, with Planet Payment as its closest competitor. As of 2014, some 130 countries levy VAT/GST, about 50 offer to refund VAT/GST to tourists for private exports. History Started in Sweden in 1980, tax-free shopping is about refunding the VAT/GST levied in normal stores on the high street to non-resident visitors who will privately export the goods purchased, according to the legislation in the European Union and other countries; tax-free shopping is not to be confused with duty-free, which started in Ireland in 1947 and relates to specific stores (most often located in travel-related environ ...
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