At present, the yen has fallen below 6, hitting a new low in 20 years. Although the current epidemic situation has not stabilized, it is believed that many Hong Kong people must have exchanged a large amount of yen and will use it later “back to the countryside”. However, the current Japanese Apple Store has implemented a new policy, and non-Japanese residents can no longer get tax refunds when purchasing Apple products.
▲Image source: IT Media News
As part of the “Japan Tax-free Shop”, the Apple Store in Japan offers tax rebates for foreigners who purchase products in a specific way at specific stores.However, a few days ago, the Apple Store in Japan announced that starting from June 21, the tax rebate enjoyed by non-Japanese residents such as foreign tourists when purchasing Apple products will be cancelled.
▲Image source: IT Media News
Some Japanese media estimate that the implementation of this policy by the Japanese Apple Store has the opportunity to prevent foreigners from reselling the goods purchased in Japan in foreign countries due to the continued decline in the exchange rate of the yen.
However, in Japan, in addition to the Apple Store, many large electrical stores sell iPhone products, such as BicCamera, Yodobashi, etc. It is still possible for users to purchase Apple products such as iPhone in Japan and get tax rebates.
Source: IT Media News
Image credit: Apple Insider
