“This is an added value for the meeting and incentive market that we have been working on for five years,” says Hannan Zanzuri, CEO, Tax Back Mexico. As of June 2008, individual or group clients who purchased goods in Mexico could complete a form and present it together with an invoice at the airport and get their Value-Added Tax (VAT) refunded. Half the money gets refunded immediately in cash, and the other half is credited to the purchaser’s credit card account.
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