The Tax Free project manager in Russia officially announced the launch of the system at the beginning of next year. Already in the first half of the year it is supposed to connect two hundred trading companies to it. First of all, this applies to outlets located in the capital of Russia and St. Petersburg, in the future the system will function in Sochi.
Since the launch of the Tax Free system from the amounts exceeding ten thousand rubles, part of the VAT will return to foreign citizens. There is a high probability that in the future it will be possible to reduce the specified threshold.
To date, the minimum purchase amount at which the part of the VAT takes place is 30 euros in Germany, in Austria -75 euros, in Italy 154 euros, and in France -175 euros. The return time on average is ninety days from the date of purchase.
In Russia, the Tax Free system will return VAT without 2%, which are charged as a company commission. The money will be returned by bank transfer to the specified account. Typically, such statements are left at the airport at the racks specially designated for this. The option of returning money by mail (check) is also considered.
A special service is working to track the situation with the return of funds on the official website of Tax Free. To participate in the project, trading companies must make a basic contribution.