A tax for cash withdrawal…

really, what will governments think of next??

In 1918 Wilhem Von Siemens proposed the concept of Value added tax in 1954 Maurice Laure the Director of the French Tax Authority introduce it in 1954, 59 years later is now used in over 30 countries.

Now you must be wondering what has possess me to write about taxes while travelling through South America…. Well.. only in the last few days I have found out that in addition to Bank commissions when you withdraw money from an ATM you get taxed.

So basically for getting my own money which I am spending as a tourist in a foreign country I am charge for the privilege for spending. Here’s the proof.



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