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Another "brilliant" idea by the Eurocrats in Brussels is going to increase silver coin prices for the little guy in Germany.
Germany collects a VAT of 19% on consumer goods. They have a reduced VAT of 7% on silver coins (not bars, they are taxed at 19%). Gold is tax exempt.
The Eurocrats decided that each country has to "harmonize" their VAT rates by 1-1-2013, meaning it can only have one VAT-rate for all goods or has to exempt a single good altogether from the tax. This isn't specifically meant to raise the cost of silver coins, however, as hotel services, baby food and even porn have reduced rates in Germany.
Germany collects a VAT of 19% on consumer goods. They have a reduced VAT of 7% on silver coins (not bars, they are taxed at 19%). Gold is tax exempt.
The Eurocrats decided that each country has to "harmonize" their VAT rates by 1-1-2013, meaning it can only have one VAT-rate for all goods or has to exempt a single good altogether from the tax. This isn't specifically meant to raise the cost of silver coins, however, as hotel services, baby food and even porn have reduced rates in Germany.