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Commentary

Investment gold (Romania)

41 Romania

Investment gold is defined as gold in the form of ingots or bars accepted/quoted on the precious metal markets and as coins which fulfil certain specific conditions of these materials (purity). Investment gold excludes coins sold for numismatic purposes.

Supplies, intra-EU acquisitions, investment gold import and intermediary services in the supply of investment gold provided by intermediaries acting in the name and on behalf of a principal are VAT-exempt operations.

Normal VAT treatment may be applied by:

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    •ÌýÌýÌýÌý taxable persons producing the

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