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V1394-22 ·14 June 2022 ·consulta-vinculante Medium impact
Tax

Import of an investment gold bar from Switzerland is not subject to VAT

An individual inquired whether purchasing a 100-gram gold bar from a Swiss company is subject to VAT and customs duties. The DGT ruled that the transaction is not subject to VAT as the delivery does not take place within Spanish territory, and it is not subject to customs duties because gold is considered a means of payment.

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2022-06-14PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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