▲ 624 ▼ Netherlands moves 86 tonnes of gold from US and Canada to UK (www.euronews.com) submitted 5 days ago by Tango@piefed.ca to c/world@lemmy.world 136 comments fedilink hide all child comments The transfer was carried out partially by buying and selling and partly by physically transferring gold, the Dutch national bank said.
[–] 1Fuji2Taka3Nasubi@piefed.zip 8 points 5 days ago (2 children) Does this count as an import to the UK and do/can they tariff it? permalink fedilink source hideshow 4 child comments replies: [–] anarchy79@lemmy.world 17 points 5 days ago They're banks, ofc they have some convoluted financial trick not to pay. permalink fedilink source parent [–] Knock_Knock_Lemmy_In@lemmy.world 6 points 4 days ago The gold is a financial instrument and not a purchased commercial product being imported for consumption, so it is not subject to import duties or tax. permalink fedilink source parent
[–] anarchy79@lemmy.world 17 points 5 days ago They're banks, ofc they have some convoluted financial trick not to pay. permalink fedilink source parent
[–] Knock_Knock_Lemmy_In@lemmy.world 6 points 4 days ago The gold is a financial instrument and not a purchased commercial product being imported for consumption, so it is not subject to import duties or tax. permalink fedilink source parent