What taxes do I have to pay?Physical investment gold in the form of bars is exempt from value added tax in all EU countries. The same applies for coins. However, certain conditions must be fulfilled, such as the fact that the coins have to be a valid form of payment in their country of origin. This and other criteria affect well-known investment coins such as the Maple Leaf.
However, when it comes to physical silver in the form of bars and coins, this is not the case. Here, the VAT for the respective country is incurred – for Austria, this is 20 %. Indeed, there is an exception: If the market value of a silver coin is more than 150 % of the metal value, the VAT is 10 %.