- VAT exemption on investment gold applies only to gold bars with at least 995‰ purity and coins with at least 900‰ purity, traded on recognized markets.
- Eligible gold coins must be minted after 1800, be legal tender, and their selling price must not exceed the gold value by more than 80%.
- VAT exemption makes investment gold more affordable, but ineligible gold (like most jewelry) is subject to VAT.
- Some professionals may apply VAT to investment gold sales, allowing them to deduct VAT on purchases, but this increases costs for non-taxable buyers.
- Intra-community transactions and imports of investment gold are VAT-exempt but require specific administrative and customs procedures.
Source: goldmarket.fr
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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