LONDON, 15 October 2021 - Global news-wire and data agency Bloomberg today highlights BullionVault as a way for European Union citizens to invest in silver without incurring VAT.
While rule changes in the EU have shut down a loophole for silver coins shipped from Estonia, "BullionVault provides an opportunity to avoid VAT on silver," explains Bloomberg Bulgaria's TV channel, interviewing the London-based platform about why sales tax isn't levied on the industrially-useful precious metal when it stays inside secure, market-approved storage facilities.
See notes and watch the 7-minute report (in Bulgarian) at Bloomberg here: