What is investment gold?

According to the Law on Value Added Tax (“Official Gazette of the Republic of Serbia,” No. 84/2004, 86/2004 – correction, 61/2005, 61/2007, 93/2012, 108/2013, 6/2014 – adjusted dinar amount, 68/2014 – new law, 142/2014, 5/2015 – adjusted dinar amount, 83/2015, 5/2016 – adjusted dinar amount, 108/2016, 7/2017 – adjusted dinar amount, 113/2017, 13/2018 – adjusted dinar amount, 30/2018, 4/2019 – adjusted dinar amount, 72/2019, 8/2020 – adjusted dinar amount, 153/2020, 138/2022, and 94/2024)

Article 36b – Investment gold, in the sense of this law, is considered to be:

• Gold in the form of bars or ingots, with a weight accepted on the precious metals market, and a purity of 995/1000 or higher;

• Gold coins with a purity of 900/1000 or higher, minted after the year 1800, that are or were legal tender in the country of origin, and which are sold at a price not exceeding 80% of the value of the gold they contain.

Investment gold, in the sense of this law, does not include monetary gold.

It is considered that gold coins referred to in paragraph 1, item 2 of this article are not regarded as collector’s items, in accordance with Article 36 of this law, and are not sold for numismatic purposes.