Buying Gold in Cash ? Everything you need to know about taxation.

Buy and Sell Gold at the Best Price with the Paris Saint-Paul Gold Buyback specialist since 1996 in the Marais district. Free, no-obligation estimate, cash payment. Our experts can advise you onbuying gold in cash in Paris Saint-Paul.

Contact us :
01 48 04 76 06 Form Nos Comptoirs de l'Or >

Buy Gold in Paris Saint-Paul

We specialize in the trading of precious metals, offering services for the appraisal, purchase and sale of gold.
We welcome you to our Saint-Paul Paris 4 branches for the appraisal and resale of your gold assets. Our gold-buying experts will estimate your gold free of charge on the spot and without obligation, according to the real-time price of gold. You can be sure of selling your gold at the best price on the gold market, and payment is immediate.

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Buy physical gold

Abacor offers a wide range of investment gold products. You can choose to buy gold coins (20 Francs Or Napoléon, 20 Francs Suisse, 50 Pesos, 20 Francs Marianne Coq, and others), gold ingots and bullion bars ranging from 5 grams to 1kg, and even ounces of gold. Would you like to diversify your investments or offer a gold gift to a loved one? Our investment gold experts can advise you and help you choose the ideal product for your needs and budget. Contact us at our Paris Saint-Paul gold counters in the Marais district, free of charge.

Buy and Sell Gold in Cash

There have been many changes in the legislation concerning gold for cash. Contact our experts for the latest information onbuying and selling gold in cash. They'll be happy to tell you all about the current laws on paying for gold in cash.

Gold in Cash

« Suite à l’article 15 de la loi n°94-6 du 4 Janvier 1994, les dispositions de l’article 537 du CGI ont été modifiées. L’alinéa permettant d’effectuer les transactions sur l’or par tout moyen de paiement a été supprimé.
Ainsi, les règlements de l’or doivent répondre aux règles du droit commun : 3000€ pour les commerçants comme pour les non commerçants. »

This was possible until the total ban on buying gold in cash. The ban concerns both the sale of gold and the purchase of gold in cash.

Buy Gold in Cash

« Le paiement en espèces des métaux précieux est interdit. Depuis la loi du 17 mars 2014 relative à la consommation, lorsqu’un professionnel achète des métaux précieux à un consommateur, le paiement doit être effectué par chèque barré au nom du consommateur vendeur ou par virement à un compte ouvert au nom du consommateur. »
Source: https://www.economie.gouv.fr/dgccrf

Since 2011, payment can only be made by cheque or bank transfer. Valid identification (passport, national identity card or French driving license issued after 09/16/2013) is still required.

There is therefore a total ban on selling gold or buying gold in cash.

Contact us :
01 48 04 76 06 Form Nos Comptoirs de l'Or >

Buying gold in cash abroad

Declaration of capital

French nationals wishing to sell gold in a European Union country or Switzerland must file a capital declaration with French customs. This declaration must be made regardless of the means of payment, whether it's a gold sale in cash, by check or bank transfer. It must be made online at douane.gouv.fr (Service DALIA) at least 30 days before crossing the border. Failure to do so may result in immediate confiscation of the goods, plus a fine of 50% of their value.

Gold tax acquittal

After sellinggold in cash in one of these countries, the French seller must go to the French tax authorities in possession of the invoice. The CERFA 2091-SD or CERFA 2092-SD must be completed, and the lump-sum tax on precious metals paid. Failure to do so exposes the seller to the payment of the aforementioned tax, plus a 40% penalty.

Your gold cash purchase details

Before making agold cash saleabroad, it's very important to know that administrations exchange information with each other. First of all, the presentation of an identity document is compulsory in all cases, even for the purchase of gold in cash. This is also the case when paying for gold in cash in Belgium, Germany or any other EU country. In this way, the French authorities will be aware of the details of your gold resale, even if you have paid in cash abroad.