What taxes when selling jewelry in France?
As you rummage through your jewelry box for a nice pair of earrings to match your OOTD, you catch a glimpse of an old gold garnet necklace you inherited from your grandmother and realize you haven’t worn it in years… Instead of abandoning it, you decide it’s time to part with it by putting it up for sale. And you’re absolutely right! You can surely sell this necklace for a good price. However, you need to know that the sale of precious objects, whether that is jewelry, precious metals or art, may be subject to tax. If this all seems a bit fuzzy to you, don’t panic, LIKE A B. is here to help you! Let’s take a look at the French tax system and its specific features regarding capital gains on the sale of precious objects. René Boivin necklace at Véronique Bamps GemGenève ©BérengèreTreussar...
