- The German Ministry of Finance issued guidelines on VAT calculation for imported gold and silver collector coins for 2025
- A reduced VAT rate is applicable for coins valued at over 250 percent of the metal price
- The value of gold coins is based on the daily London Stock Exchange price per troy ounce, converted to euros
- Taxpayers have the option to use the last daily gold price of November for the next year’s calculations
- Silver coin values can similarly use the last daily fine silver price of November for the next year
- The final gold price for 2025 is set at 80,555 euros per kilogram, excluding VAT
- The final silver price for 2025 is set at 910 euros per kilogram, excluding VAT
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Germany"
- Updated VAT Rules for Virtual Events: New Guidance on Supply and Exemptions
- BMF Allows EU Official Languages for Invoice Details in VAT Regulations Update, September 2025
- Federal Fiscal Court Ruling on VAT Exemption for Disability Assistance Services Funded by Personal Budget
- Tax Exemption for Care Services Funded by Personal Budget: Federal Fiscal Court Ruling 2025
- VAT Input Tax Adjustment under § 15a UStG for Legal Assessment Changes (OFD)