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Japan's Tax-Free Shopping Overhaul to Reshape Inbound Tourism Strategies

Japan will introduce a major overhaul of its tax-free shopping system for foreign visitors on November 1, replacing immediate tax exemptions at stores with a refund system that requires travelers to pay the full consumption tax upfront and claim reimbursement when leaving the country, a change expected to reshape retail strategies and purchasing behavior across the tourism industry. (News On…

We haven't written up this one. News On Japan has the full story — the link below goes straight to it.

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