The VAT rate in France is 19.6, but the tax refund company charges a commission, which is the source of the tax refund company’s income. So generally speaking, when you buy something in France and get a tax refund, the actual tax refund you receive is between 11 and 14 of the purchase amount, which will fluctuate slightly. Moreover, if you buy something in euros and return it in US dollars, there will be an exchange fee, which is about 1 to 3.5 of the transaction amount.
Extended answer:
Tax rebate:
It refers to the refund of taxes paid by the state to taxpayers in accordance with regulations, that is, the state encourages taxpayers to Tax refunds given for engaging in or expanding certain economic activities. It usually includes export tax refund, reinvestment tax refund, re-export tax refund, overtax refund and other forms. Since the international financial crisis in 2008, my country has significantly increased its export tax rebate rate. Preferential tax rebates are a form of tax expenditure.
Procedure:
The customs at the place of taxation will fill out and issue a "Tax Payment Certificate" to the consignee and consignee of the imported and exported goods or their agent.
The consignee or consignor of imported and exported goods or his or her agent shall, within 15 days from the date when the tax payment certificate is issued by the customs (excluding Saturdays, Sundays and statutory holidays), hold the "Tax Payment Certificate" Pay the tax to a designated bank.