- Remonon app for VAT refunds in Germany for US military personnel to launch on Jan. 1
- Users can scan and upload credit card receipts under 240 euros from German vendors
- App also accepts some cash receipts if vendor does not take electronic payment
- Legacy VAT program will be automated for electronic submission of forms
- Novat founder says 1,700 households have registered for the app
- App has processed $2.1 million worth of receipts, resulting in over $160,000 in tax refunds
- Users can upload receipts for online purchases with certain conditions
- New users need to register with local VAT-relief offices and have a bank account with an IBAN
- Refunds amount to 14% and 4% for items with VAT of 19% and 7%, respectively
Source: stripes.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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