| 08 Jul 2010 |
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Global Blue to bring online shopping to Lebanon
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08 July 2010
BEIRUT: Global Blue, the inventor of online tax free shopping, plans to implement its technology in the Lebanese market in August 2010. Online tax free shopping allows customers to purchase goods and services online without paying any tax normally collected at retail, such as sales tax, value added tax, among others. Global Blue would allow tourists to conduct tax free shopping, which, according to company executives, would place Lebanon far ahead of the region in terms of the capabilities of retailers and public sector officials. The technology allows retailers and customs officials to use digitalized data to strategize and improve their marketing and decision-making respectively. The digital tax free shopping technology has only been implemented in Finland so far, making Lebanon a leader in this domain, the company said. Following the announcement of the Global Blue launching, the Finance Ministry stressed the significance of streamlining administrative processes and taking Lebanon online. – The Daily Star
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