French people buy Belgian Gold ... Why ?
For several years now, Belgium has been attracting many French people looking to buy gold. But do you know why?
There are two main reasons for that: no tax, discretion of the Belgian market.
No tax on gold !
In France, the purchase and resale of gold are subject to relatively high taxes.
When a private individual resells his gold in France, he may be taxed either by the flat-rate tax on precious metals (11.5% of the sale price), or by the capital gains regime (36.2% after allowances).
In Belgium, on the other hand, the sale of investment gold is exempt from VAT and capital gains tax, making the transaction much more attractive for French investors.
Discretion even anonymity !
French regulations also impose a number of restrictions on the buying and selling of gold, notably in terms of declaration and traceability.
In Belgium, on the other hand, gold transactions are more flexible, and it is possible to buy gold with complete discretion.
This flexibility attracts investors who wish to diversify their assets without being subject to excessive tax scrutiny.
Do you have tax on Gold in your country ? We do on silver ingots, as they are considered as raw materials... But not on gold, nor on silver coins, considered as investments.
Have a nice day :)
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Nous la taxe viens surtout de merci Sarkosy ( y'en avais déjà avant )
Avant la banque de france avais l'équivalent en OR de ce qu'elle possédais en argent FIAT .
Puis Sarko a décidé de vendre l'or pour faire du pognions
Moralité les taux d'intérêt des banque pour un crédit ou les découvert ont explosé
Les taux de retours sur l'argent dans nos livrets on chuter drastiquement , les taxe et impôt sur tous ont augmenter , bah oui les banque n'ont plus de fléxibilité du coup dans le pays du fait qu'elle n'on plus d'or , et a la l'époque le prix de l'or avais aussi chuter d'un coup .
Comme d'hab ils gérent un pays mais n'ont aucune notion d'économie
Nous ruine et nous demande de rembourser par des taxe
BREF il défendent LEURS classe social et LEURS pouvoir d'achat pas le notre , faudrais qu'on pense un jours a les payer au résultats comme les boite privée
Genre ta fait faire du bénéf au pays ta paye et prime , ta ruiner le pays pas de paye t'est viré
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Good news! We don't have a tax on bullion here in the USA and it's nice.
Indeed :)
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Interesante
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In Canada, no tax is charged on 999 Bullion gold and silver but tax will be charged on coins with less than 999 fineness coins, our old 80% silver, gold and numismatic coinage. There are some exceptions.
!BBH
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so many different rules ... I bet some are playing with those differences.