How do I report gold to the Dutch tax authorities?

Gold that you hold as an investment is generally reported in Box 3 under ‘other assets’. This applies to gold stored with Holland Gold Safe and to physical gold that you hold via the precious metals account and that we store for you. Gold coins and gold bars that you keep at home must also be reported in your annual tax return.

For this, you use the value of the gold on 1 January of the tax year. The original purchase price is not relevant here; you use the fair market value on the reference date.

Business

Do you hold gold as a business? The tax treatment may depend on your business structure and the way in which you use the gold. Therefore, ask your bookkeeper, accountant or tax adviser how you should process the gold in your records and tax return in your specific situation.

Exemption for investment gold in Box 3

Gold forms part of your assets in Box 3. The Dutch Tax and Customs Administration applies a tax-free allowance, also known as a threshold amount on which you do not have to pay tax.
There is no separate exemption specifically for gold. If the total value of your assets remains below the tax-free threshold, your gold will not affect your tax assessment. Always discuss the use of your exemption with your tax adviser or bookkeeper.
Read more about the tax-free allowance on the website of the Dutch Tax and Customs Administration.

Important

Holland Gold does not provide data to the Dutch Tax and Customs Administration. You are fully responsible for correctly reporting your assets yourself. Make sure you file your tax return correctly and on time to avoid possible penalties.

No account has been taken of any production premiums, tax aspects or collector’s value. The statements have been prepared with great care. However, no rights can be derived from them.