Business & Finance
‘Less than a minute’: Hong Kong travellers praise Japan’s new tax refund at airports
Key Points
Hong Kong tour groups returning from Japan have praised a smooth roll-out of the country’s new tax refund arrangement that requires travellers to complete refund procedures at airports or ports rather than at shops. Under the “pay first, refund later” scheme, which took effect on Sunday to curb illicit domestic reselling and tax evasion, international tourists must now pay the 10 per cent consumption tax upfront at the counter. Travellers are now required to complete customs verification...
Hong Kong tour groups returning from Japan have praised a smooth roll-out of the country’s new tax refund arrangement that requires travellers to complete refund procedures at airports or ports rather than at shops.
Under the “pay first, refund later” scheme, which took effect on Sunday to curb illicit domestic reselling and tax evasion, international tourists must now pay the 10 per cent consumption tax upfront at the counter.
Travellers are now required to complete customs verification before...
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