Germany silver tax

Discussion in 'Bullion Investing' started by longnine009, Oct 26, 2013.

  1. AWORDCREATED

    AWORDCREATED Hardly Noticeable

    Well you look like a coin, so there :p

    anyway ... so you did a calculation based on melt, right? ( This is not my sort of thing and I am not going to figure all that out) If so, should I understand that highly graded and very veeeeeeeeeeeerrrrrrrrrrrrrrrrrrrryyyyyyy expensive coins would all get taxed at melt, and the tax is truly all and solely about the precious metal content and not the numismatic value?

    Either way, then when I go home and declare the same currency, having traded nothing during your visit - do I get a refund?

    Shouldn't there have to be a transaction to tax?
     
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  3. torontokuba

    torontokuba Thread Crapper & Hijacker, TP please.

    I'm sure you can bring in some currency tax free, about $10 000 I think, into another country. The transaction starts when you import a product like silver bullion coins.
     
  4. micbraun

    micbraun coindiccted

    I would say so. Currently I don't need to pay anything at the customs office. It's like "I see, US silver coins, you're good to go. Next please' if they make me pay 19% on purchasing price & shipping I would need to consider that when buying coins from dealers based in the US. So it's also bad for the sellers.
     
  5. AWORDCREATED

    AWORDCREATED Hardly Noticeable

    There might be a point of law here. I carry in legal US currency then carry it out. I owe tax to who for what?
     
  6. longnine009

    longnine009 Darwin has to eat too. Supporter

    Oh come on now. Would you let you into another country? :Devil:
     
    non_cents likes this.
  7. torontokuba

    torontokuba Thread Crapper & Hijacker, TP please.

  8. AWORDCREATED

    AWORDCREATED Hardly Noticeable

    It has occurred :D
     
  9. bugo

    bugo Well-Known Member

    It's flat out wrong that the wealthy (who can afford to pay taxes) don't have to pay any taxes if they spend a lot of money on coins, but the common man does if they buy a few coins.
     
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