HE
Hermès
Hermès
Birkin 25 Togo
Ref. H077777CK
The smallest Birkin in supple Togo calfskin with palladium hardware. Hand-stitched in France.
Best price after tax refund
$11,774
in USD
🇮🇹 Italy — pay €10,902 local
Save $3,339 (22%) vs 🇬🇧 United Kingdom
The global ledger
Regional price matrix
FX · June 2026
| Region | Retail (local) | Tax refund | After refund | In USD |
|---|---|---|---|---|
🇮🇹ItalyBest | €12,400 | −€1,498(12.1%) | €10,902 | $11,774 |
🇫🇷France | €12,400 | −€1,385(11.2%) | €11,015 | $11,897 |
🇩🇪Germany | €12,400 | −€1,326(10.7%) | €11,074 | $11,959 |
🇯🇵Japan | ¥2,310,000 | −¥210,000(9.1%) | ¥2,100,000 | $13,440 |
🇰🇷South Korea | ₩21,900,000 | −₩1,393,636(6.4%) | ₩20,506,364 | $14,765 |
🇸🇬Singapore | S$21,500 | −S$1,296(6.0%) | S$20,204 | $14,951 |
🇭🇰Hong Kong | HK$117,000 | Not eligible | HK$117,000 | $14,976 |
🇬🇧United Kingdom | £11,900 | Not eligible | £11,900 | $15,113 |
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$11,89711.2% refund
France
Global Blue
$11,897
11.2% refund
VAT / tax rate20%
Retail price€12,400
Operator commission−€682
Net refund to you+€1,385
Price after refund€11,015
Net refund after Global Blue commission, paid to credit card at airport.
🇮🇹ItalyGlobal Blue$11,77412.1% refund
Italy
Global Blue
$11,774
12.1% refund
VAT / tax rate22%
Retail price€12,400
Operator commission−€738
Net refund to you+€1,498
Price after refund€10,902
Min spend €70.01. Operator commission applied to VAT portion.
🇩🇪GermanyGlobal Blue$11,95910.7% refund
Germany
Global Blue
$11,959
10.7% refund
VAT / tax rate19%
Retail price€12,400
Operator commission−€653
Net refund to you+€1,326
Price after refund€11,074
Min spend €50.01. Customs stamp required at EU exit.
🇬🇧United KingdomNone$15,113No refund
United Kingdom
None
$15,113
No refund
VAT / tax rate20%
Retail price£11,900
No tourist VAT refund — scheme abolished January 2021.
No tourist VAT refund — scheme abolished January 2021.
🇯🇵JapanIn-store exemption$13,4409.1% refund
Japan
In-store exemption
$13,440
9.1% refund
VAT / tax rate10%
Retail price¥2,310,000
Operator commission−¥0
Net refund to you+¥210,000
Price after refund¥2,100,000
Immediate consumption tax exemption at registered stores. No operator fee.
🇭🇰Hong Kong—$14,976No refund
Hong Kong
—
$14,976
No refund
VAT / tax rate0%
Retail priceHK$117,000
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)$14,9516.0% refund
Singapore
eTRS (Global Tax Free)
$14,951
6.0% refund
VAT / tax rate9%
Retail priceS$21,500
Operator commission−S$479
Net refund to you+S$1,296
Price after refundS$20,204
Min S$100 per same-day, same-store purchase. Refund at Changi via eTRS.
🇰🇷South KoreaInstant / Airport$14,7656.4% refund
South Korea
Instant / Airport
$14,765
6.4% refund
VAT / tax rate10%
Retail price₩21,900,000
Operator commission−₩597,273
Net refund to you+₩1,393,636
Price after refund₩20,506,364
Instant refund up to ₩5M per transaction; airport refund above cap.
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