SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Euro Impact on Gold, USD ...
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Broken_Clock who wrote (43)10/12/1998 9:27:00 PM
From: banco$  Read Replies (1) of 289
 
Elimination of VAT (value added tax) should spur investment in gold. Must make a profit to benefit from tax incentives, and in order to profit, gold must be bought.

The standard VAT is 17.5 percent for most goods and services according to the following reference. Not sure of the effective tax rate for "investment gold sales," but the high reference rate indicates a very favorable new gold investment incentive.

nrec.org.uk
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News