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Why gold is exempt from VAT

October 5, 2020October 5, 2020 Frank Knopers 0 Comments gold, palladium, platinum, precious metals, silver, tax, taxation, vat

Have you ever wondered why you don’t pay tax on gold coins or gold bars while you do pay tax on other metals such as silver, platinum and palladium? What is the idea behind this exemption? And why does it only apply to gold? In this article we will explain the tax exemption for gold in detail.

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