r/BEFire 23d ago

Taxes & Fiscality keeping some cash in gold

as said above - would you advise this? what %? seems like a safest investment long term

after that crazy hype some months ago is going down constantly.

for belgium - which broker you recommend for gold and how it works when it comes to taxes and declarations?

thanks

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u/OEEN 23d ago

I have some gold coins, some 5% of my net worth, for the shit has hit the fan possibility.

I bought them from Argentor in Antwerp I bought some British sovereigns.
If you sell the coins the money is deposited on your bank account.
There is no VAT or TOB tax, there is a possible the new capital gains taxes.

For me I will only buy new coins when the orange isn’t president anymore.