Question
When you buy silver, is the transaction VAT-exempt?
Answer
Yes. In accordance with the Finnish Tax Administration's guidance VH/5079/00.01.00/2022, the sale, importation, and intra-Community acquisition of goods transferred to a tax warehouse are VAT-exempt transactions. In addition, the sale of goods transferred to a tax warehouse and the sale of services relating to goods held in a tax warehouse are also VAT-exempt.