- Japan will overhaul its tax-free shopping rules for foreign visitors in November to combat domestic reselling.
- Japan's roughly 64,000 tax-free shops are preparing to move from tax exemptions to refunds for foreign customers.
- Some retailers worry the refund process will deter big spenders, pressuring department store demand for high-end goods.
Quotes
“Japan is set to overhaul its tax-free shopping rules for foreign visitors in November to combat domestic reselling”