V4.186 Exemption—investment gold
EU legislation
The exemption for investment gold is derived from Archived Directive 2006/112/EC, arts 344–356, which deals with the definition of investment gold, the exemption of supplies, the option to tax such supplies, the right of deduction1 and special obligations for investment gold traders2.
UK legislation—VATA 1994, Sch 9, Group 15, Items 1 and 2
With effect from 1 January 2000, supplies of 'investment gold' are exempt from VAT3. Also exempt are:
- Ìý
(1)ÌýÌýÌýÌý the grant, assignment or surrender of any right, interest, or claim in, over, or to, investment gold if the right, interest, or claim is, or confers, a right to the transfer of the possession of investment gold4, and
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