On 29 October 2019, a list of gold coins that are considered to fulfil the criteria of article 344(1) point (2) of the EU VAT Directive (2006/112), which contains the special scheme for investment gold, was published in the Official Journal of the European Union. The gold coins contained in this list will be treated as investment gold, and their supply will be exempt from VAT for the entire 2020 calendar year.
Source Official Journal of the EU
Latest Posts in "European Union"
- EU Introduces Customs Preferences for Selected Goods Originating in the United States
- VAT Headaches: The VAT Nightmare of Indirect Rebates
- European Parliament Approves Resolution on EU Cross-Border Tax Simplification
- Comments on C-158/25: Director Can Challenge Final Tax Assessment in Liability Proceedings
- VAT Concepts Explained: “Consideration” and Direct Link: Defining What Constitutes a Supply
