退税 tuìshuì tax rebate or refund
How to remember 退税: 退 to retreat + 税 taxes = tax rebate or refund.
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How it is used
- Tax refund/rebate, or to get one - 出境退税 (chūjìng tuìshuì) tax refund on leaving the country, 办理退税 (bànlǐ tuìshuì) to process a refund.
- Common for tourists reclaiming VAT and for income-tax rebates; a separable verb (退了税).
- The 退 is "to give back": the state returns tax to you.