According to the VAT Act (Article 160) and within the meaning of these rules, “investment gold” means: gold, in the form of a bar or a wafer of weights accepted by the bullion markets, of a purity equal to or greater than 995 thousandths; or gold coins minted by order of the governor of Bulgarian National Bank and the Finance Minister, that meet all of the following requirements:
- Purity equal to or greater than 900 thousandths.
- Coins dated after 1800.
- The coins were legal tender in their country of origin.
- The coins are generally sold at a price no higher than the market price of gold of 80% purity.
Each investment bar must bear all required information, including weight, fineness, serial number, clearly designated manufacturer – refinery or mint.