47. Is gold exempt from VAT?
Within the eurozone, gold is exempt from VAT, as long as it is Gold bars with a purity of 24 carats and gold coins with a purity of at least 90%. The reason for this is that the European countries and the ECB classify gold as a form of financial wealth that must be freely tradable, similar to stocks and bonds.
Investment gold is exempt from VAT in the Eurozone
