Investment gold

When gold falls into the category of investment gold, the products are exempt from VAT.

Gold bars

• Gold bars fall into the category: ''investment gold'' if they meet the requirements listed below. The gold bar has a weight that is recognized by the gold market.
• The gold bar has a purity of at least 995/1,000 or 99.5%.

All gold bars traded Holland Gold meet the above requirements and are therefore exempt from VAT.

Gold Coins

Gold Coins fall into the category: ''investment gold'' if they meet the requirements listed below. 

• The gold coin has a purity of at least 900/1000 or 90%.
• The gold coin was minted after 1800.
• In the country of origin, the gold coin has or has had the status of legal tender.

All gold coins traded Holland Gold meet the above requirements and are therefore exempt from VAT.

Silver, platinum and palladium

Silver, platinum and palladium are only exempt from VAT if the products meet a number of conditions. 

Silver and platinum bars

Silver bars and Platinum Bars are taxed with 21% VAT in the Netherlands. When silver and platinum bars are purchased for business purposes, the VAT can generally be reclaimed. For business customers, bars are a more economical option compared to coins. 

The most advantageous for both private and business customers is to purchase silver bars or platinum bars in combination with storage outside the EU, such as in Switzerland or Singapore. Because these bars are in a customs depot, no tax is levied on them. These bars are VAT-free.

Silver, platinum and palladium coins

For private individuals, the VAT on bars is not recoverable, which is why we recommend that individuals buy coins. The silver, platinum and Palladium coins In the Netherlands, they are subject to the VAT margin scheme whereby the selling party pays VAT on the sales margin.