Platinum & Palladium ⁽¹³⁾

Platinum & palladium as a precious metal investment

In contrast to gold, platinum and palladium are not exempt from VAT in Austria, so VAT must be paid on the purchase of platinum coins, as is the case with silver.

Differential taxation of platinum & palladium

However, it is possible - as with silver coins, for example - to purchase platinum coins for which full VAT has already been paid and thus save part of the 20% VAT on a regular basis.

However, differential taxation for platinum and palladium is only possible for coins and coin bars (those that are considered legal tender). The standard tax rate of 20% always applies to the purchase of platinum bars and palladium bars.