What is the tax benefit of EpargnOr?

Physical gold remains one of the most sought-after safe-haven assets among investors. In times of economic uncertainty, inflation, or financial market volatility, it serves as a tangible asset capable of preserving purchasing power over the long term.

Today, a major development further enhances the appeal of investing in physical gold: EpargnOr unit tokens now benefit from a unique tax regime, officially confirmed by the tax authorities in their rulings dated July 16, 2026.

This development makes EpargnOr a particularly attractive investment solution, both for first-time investors and for savers looking to diversify a substantial portfolio.

Upon purchase, EpargnOr unit tokens that meet the criteria for investment gold (999.9‰ pure gold and weighing more than one gram) are exempt from VAT, just like gold bars and certain investment coins.

But it is especially upon resale that their advantage becomes particularly appealing.

As long as each token is resold for an amount of €5,000 or less, the seller is subject to neither precious metals tax nor capital gains tax. In other words, the resale is completely tax-exempt.

Above this threshold, a particularly favorable tax regime continues to apply, with taxation capped at 6.5%, compared to the usual 11.5% for the precious metals tax.

In practical terms, while a gold coin or bar resold for €3,500 would incur a tax of €402.50, an EpargnOr token resold at the same price is subject to no tax.

Another particularly interesting point: the €5,000 threshold is calculated on a token-by-token basis. Thus, an investor selling 100 EpargnOr tokens worth less than €5,000 each—even with a significant capital gain on each unit—remains exempt from any tax on the entire transaction.

Few investment products today can offer such a tax advantage.

Three EpargnOr formats to suit all investor profiles

To accommodate different budgets and wealth management goals, the EpargnOr range is available in several formats.

EpargnOr 1/10 ounce: ideal for beginners

The 1/10-ounce EpargnOr coin is an excellent entry point into investing in physical gold.

Its more affordable price allows you to gradually begin building a gold portfolio while enjoying the same tax benefits as the larger sizes. It’s also an excellent solution for investors who want to divide their holdings to maintain flexibility for future resales.

Set of 10 EpargnOr 1/10-ounce Coins: Invest Gradually

This set of 10 1/10-ounce EpargnOr tokens is designed for investors who wish to immediately acquire a larger quantity of gold while maintaining excellent flexibility.

Since each token can be sold individually, this solution allows you to easily tailor your sales to your future needs, while retaining the tax benefits associated with the €5,000 threshold per token.

EpargnOr 1 ounce: The Standard for Investors

The 1-ounce EpargnOr coin is the preferred choice for investors seeking an excellent balance between investment volume, liquidity, and purchase cost.

Made of 999.9‰ pure gold, certified to international standards, and minted by Argor-Heraeus—a refiner recognized by the London Bullion Market Association (LBMA)—it meets the highest quality standards in the investment gold market.

Godot & Fils: A Leader in the Precious Metals Market

Choosing EpargnOr also means benefiting from the expertise of Godot & Fils, a company specializing in precious metals since 1933. With decades of experience, the company assists both individuals and professionals with the purchase, sale, and storage of investment-grade gold, silver, and platinum, as well as with numismatic activities.

Thanks to its network of branches throughout the country, the transparency of its real-time quotes, and its recognized expertise, Godot & Fils has established itself as one of the leading players in the French precious metals market.