The taxation of your gold
A clear tax framework, confirmed in writing by the tax authorities
On purchase: 0% VAT
The gold you buy on Kara is investment gold (999.9‰ purity). It is exempt from VAT.
While you hold it: no tax
As long as you keep your gold, you pay nothing. No annual tax, no holding tax, and storage is free on Kara.
On sale: €0 in tax
When you sell your gold back on Kara, you pay no tax. Sales are exempt up to €5,000 per transaction, and Kara caps each sale at that amount. You receive the full proceeds, minus Kara's transaction fee. Nothing to declare, nothing to calculate.
What if you have your gold delivered?
The same applies. If you withdraw your gold physically and later sell it at a Godot branch, the sale remains tax-exempt as long as each coin is individually worth less than €5,000.
A tax framework confirmed by the tax authorities
This tax framework has been confirmed in writing by the French Directorate General of Public Finances. You invest within a clear and secure framework.
The information above is provided for general guidance and reflects the tax rules applicable in France to a private individual who is a French tax resident managing their own personal assets. It does not constitute personalised tax advice.