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V1628-23 ·9 June 2023 ·consulta-vinculante Medium impact
Tax

VAT can be deducted on the import of gold that is processed into investment gold

A company has requested guidance on how to proceed with the import of gold with a fineness of less than 995 parts per thousand, which is subsequently refined for sale as investment gold. The DGT clarifies that there is a right to deduct or claim a refund of the VAT incurred on said import.

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2023-06-09PublishedPublished 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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