RO
Rolex
Rolex
Cosmograph Daytona 116500LN
Steel Daytona with white dial and ceramic bezel.
Best price after tax refund
$14,182
in USD
🇯🇵 Japan — pay ¥2,216,000 local
Save $3,852 (21%) vs 🇬🇧 United Kingdom
The global ledger
Regional price matrix
FX · June 2026
| Region | Retail (local) | Tax refund | After refund | In USD |
|---|---|---|---|---|
🇯🇵JapanBest | ¥2,437,600 | −¥221,600(9.1%) | ¥2,216,000 | $14,182 |
🇮🇹Italy | €16,100 | −€1,945(12.1%) | €14,155 | $15,287 |
🇫🇷France | €16,100 | −€1,798(11.2%) | €14,302 | $15,446 |
🇩🇪Germany | €16,100 | −€1,722(10.7%) | €14,378 | $15,528 |
🇭🇰Hong Kong | HK$137,000 | Not eligible | HK$137,000 | $17,536 |
🇰🇷South Korea | ₩26,500,000 | −₩1,686,364(6.4%) | ₩24,813,636 | $17,866 |
🇸🇬Singapore | S$25,900 | −S$1,561(6.0%) | S$24,339 | $18,011 |
🇬🇧United Kingdom | £14,200 | Not eligible | £14,200 | $18,034 |
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$15,44611.2% refund
France
Global Blue
$15,446
11.2% refund
VAT / tax rate20%
Retail price€16,100
Operator commission−€885
Net refund to you+€1,798
Price after refund€14,302
Net refund after Global Blue commission, paid to credit card at airport.
🇮🇹ItalyGlobal Blue$15,28712.1% refund
Italy
Global Blue
$15,287
12.1% refund
VAT / tax rate22%
Retail price€16,100
Operator commission−€958
Net refund to you+€1,945
Price after refund€14,155
Min spend €70.01. Operator commission applied to VAT portion.
🇩🇪GermanyGlobal Blue$15,52810.7% refund
Germany
Global Blue
$15,528
10.7% refund
VAT / tax rate19%
Retail price€16,100
Operator commission−€848
Net refund to you+€1,722
Price after refund€14,378
Min spend €50.01. Customs stamp required at EU exit.
🇬🇧United KingdomNone$18,034No refund
United Kingdom
None
$18,034
No refund
VAT / tax rate20%
Retail price£14,200
No tourist VAT refund — scheme abolished January 2021.
No tourist VAT refund — scheme abolished January 2021.
🇯🇵JapanIn-store exemption$14,1829.1% refund
Japan
In-store exemption
$14,182
9.1% refund
VAT / tax rate10%
Retail price¥2,437,600
Operator commission−¥0
Net refund to you+¥221,600
Price after refund¥2,216,000
Immediate consumption tax exemption at registered stores. No operator fee.
🇭🇰Hong Kong—$17,536No refund
Hong Kong
—
$17,536
No refund
VAT / tax rate0%
Retail priceHK$137,000
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)$18,0116.0% refund
Singapore
eTRS (Global Tax Free)
$18,011
6.0% refund
VAT / tax rate9%
Retail priceS$25,900
Operator commission−S$577
Net refund to you+S$1,561
Price after refundS$24,339
Min S$100 per same-day, same-store purchase. Refund at Changi via eTRS.
🇰🇷South KoreaInstant / Airport$17,8666.4% refund
South Korea
Instant / Airport
$17,866
6.4% refund
VAT / tax rate10%
Retail price₩26,500,000
Operator commission−₩722,727
Net refund to you+₩1,686,364
Price after refund₩24,813,636
Instant refund up to ₩5M per transaction; airport refund above cap.
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