Foreign credit card tax refund methods include cash refund (usually in local currency), tax refund to credit card, and mailing a check.

1. The top of the store’s Global Tax Free Check is blue, indicating that the store supports cash tax refund;

2. The tax refund check is green. If you want to get a tax refund at this store, you can only choose to mail a check or transfer by credit card.

3. For credit card tax refund, the credit card submitted by tourists must be an international credit card, such as a credit card with VISA and MASTER CARD logos.

4. When using an international standard credit card for tax refund, the tax refund currency will be the currency used when the card is swiped. If the card is swiped in US dollars, the refund will be in US dollars.

5. The money will be deposited into the credit card account. If the money needs to be used domestically, a currency conversion fee of 1~2 will be incurred when it is converted into RMB.

Extended information

1. To apply for a refund of US dollar overpayment, you need to withdraw funds from a foreign currency savings account. This account can accept US dollar banknotes in the name of the cardholder, and cannot directly withdraw US dollars. banknotes.

2. For credit card payments in US dollars, you can go to the automatic terminal of the Bank of China, put it into the card, choose foreign exchange settlement, convert the card price of the day into RMB, and then go to the ATM to withdraw money.

3. The scope of export tax rebates is products exported from my country. Products that have been levied or should be levied product taxes, value-added taxes and special consumption taxes will not be refunded or exempted unless explicitly stipulated by the state. Taxes payable

4. Tax refund amount = reinvestment amount ÷ (1-actually applicable corporate income tax rate local income tax rate) × actual applicable corporate income tax rate × tax refund ratio

Baidu Encyclopedia-Tax Refund