Since January 1st, 2014 the VAT on silver coins has been increased from reduced VAT to normal VAT. The aim was to approximate the VAT rates in Europe.
However, there is one exception: silver coins, which are imported from a country outside the EU, such as the Canadian Maple Leaf , the Mexican Libertad or the American Eagle are subject to an import VAT based on reduced VAT and are therefore suitable for the usage of a special tax feature: the different tax.
Your advantage:
When selling only the difference between purchase price and sale price is taxed with normal VAT on these coins. Normally, the normal VAT is calculated on the whole amount of purchase price and is added.
Through this special tax regime and the low trading margins silver buyers have the advantage that the previous rate of VAT has been preserved almost exactly.
For customers who are entitled to input tax deduction, normal taxed silver is advantageous. If you are interested, please contact us by phone at +49 - 3329 - 690 70 21 so that we can offer you the appropriate silver.