r/Silverbugs•
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Germany will raise silver VAT from 7% to 19%

Germany is one of the few countries left in Europe with a low 7% VAT on silver, but 1st January 2013 they are raising it to 19%. This is due to "EU harmonization" since other countries in the European Union have 19-25% VAT on silver. After the change there's only Estonia left with 0% VAT and I'm pretty sure they'll be pressured from the EU to raise it too in the near future.

How will fellow European stackers deal with this? Will you keep buying even with the price increase or begin stacking gold instead which is at 0% VAT?

Posted Dec 2, 2012, 8:07 PM UTC

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