New amendments to tax laws - Investment gold exempted from VAT

The National Assembly of the Republic of Serbia has adopted amendments and supplements to the Law on Value Added Tax, which, among other things, equalize tax rates for all types of hotel accommodation at 10% and change the rights of foreigners operating in Serbia to match those of domestic citizens, meaning that foreigners will be treated as VAT payers from now on and will be able to exercise their rights as if they were operating in the European Union.
One field that is not regulated by these amendments in the way stipulated by EU regulations is the treatment of investment gold, but the Finance Ministry of Serbia confirmed to the daily Danas that that would be corrected in next amendments to the VAT Law.
Namely, trading in investment gold in the European Union is exempted from VAT, which is the case with some other investment instruments in Serbia, such as shares and bonds.

Narodna skupština Republike Srbije

Ministarstvo finansija Republike Srbije

investment gold

Law on Value Added Tax

VAT Law

investment in gold