LV
Louis Vuitton
Louis Vuitton
Speedy 25 Monogram
Compact city bag in Monogram canvas.
Best price after tax refund
$1,411
in USD
🇮🇹 Italy — pay €1,306 local
Save $318 (18%) vs 🇰🇷 South Korea
The global ledger
Regional price matrix
FX · June 2026
| Region | Retail (local) | Tax refund | After refund | In USD |
|---|---|---|---|---|
🇮🇹ItalyBest | €1,450 | −€144(9.9%) | €1,306 | $1,411 |
🇫🇷France | €1,450 | −€133(9.2%) | €1,317 | $1,422 |
🇩🇪Germany | €1,450 | −€127(8.8%) | €1,323 | $1,428 |
🇯🇵Japan | ¥267,300 | −¥24,300(9.1%) | ¥243,000 | $1,555 |
ðŸ‡ðŸ‡°Hong Kong | HK$12,900 | Not eligible | HK$12,900 | $1,651 |
🇸🇬Singapore | S$2,450 | −S$142(5.8%) | S$2,308 | $1,708 |
🇬🇧United Kingdom | £1,360 | Not eligible | £1,360 | $1,727 |
🇰🇷South Korea | ₩2,540,000 | −₩138,545(5.5%) | ₩2,401,455 | $1,729 |
Refund mechanics
How each market refunds you
Tap a region to see the VAT rate, operator commission, and the net refund actually paid back to your card.
🇫🇷FranceGlobal Blue$1,4229.2% refund
France
Global Blue
$1,422
9.2% refund
VAT / tax rate20%
Retail price€1,450
Operator commission−€109
Net refund to you+€133
Price after refund€1,317
Net refund after Global Blue commission, paid to credit card at airport.
🇮🇹ItalyGlobal Blue$1,4119.9% refund
Italy
Global Blue
$1,411
9.9% refund
VAT / tax rate22%
Retail price€1,450
Operator commission−€118
Net refund to you+€144
Price after refund€1,306
Min spend €70.01. Operator commission applied to VAT portion.
🇩🇪GermanyGlobal Blue$1,4288.8% refund
Germany
Global Blue
$1,428
8.8% refund
VAT / tax rate19%
Retail price€1,450
Operator commission−€104
Net refund to you+€127
Price after refund€1,323
Min spend €50.01. Customs stamp required at EU exit.
🇬🇧United KingdomNone$1,727No refund
United Kingdom
None
$1,727
No refund
VAT / tax rate20%
Retail price£1,360
No tourist VAT refund — scheme abolished January 2021.
No tourist VAT refund — scheme abolished January 2021.
🇯🇵JapanIn-store exemption$1,5559.1% refund
Japan
In-store exemption
$1,555
9.1% refund
VAT / tax rate10%
Retail price¥267,300
Operator commission−¥0
Net refund to you+Â¥24,300
Price after refund¥243,000
Immediate consumption tax exemption at registered stores. No operator fee.
ðŸ‡ðŸ‡°Hong Kong—$1,651No refund
Hong Kong
—
$1,651
No refund
VAT / tax rate0%
Retail priceHK$12,900
Hong Kong levies no VAT/GST/sales tax. Price shown is final.
Hong Kong levies no VAT/GST/sales tax. Price shown is final.
🇸🇬SingaporeeTRS (Global Tax Free)$1,7085.8% refund
Singapore
eTRS (Global Tax Free)
$1,708
5.8% refund
VAT / tax rate9%
Retail priceS$2,450
Operator commission−S$61
Net refund to you+S$142
Price after refundS$2,308
Min S$100 per same-day, same-store purchase. Refund at Changi via eTRS.
🇰🇷South KoreaInstant / Airport$1,7295.5% refund
South Korea
Instant / Airport
$1,729
5.5% refund
VAT / tax rate10%
Retail priceâ‚©2,540,000
Operator commission−₩92,364
Net refund to you+â‚©138,545
Price after refundâ‚©2,401,455
Instant refund up to â‚©5M per transaction; airport refund above cap.
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