For many people, one of the major perks of traveling abroad is being able to shop tax-free. So, in case you are traveling to Europe and want to make the best of tax exemptions on your purchases, you have come to the right place.

We are here to walk you through the process of tax-free shopping and give you some tips on how to maximize your tax refunds. However, before we dive into that, let’s familiarize ourselves with some relevant terms.