ViaMat Drops US Customers For Gold Storage
ViaMat, a crucial Swiss logistics company storing precious metals since 1945 is moving towards dumping their US-based customers have more than half a century of serving them. This matter-of-fact letter from ViaMat management explains their decision:
“We are currently experiencing rapid and substantial changes in the general regulations within this business. The changes mainly relate to the tax structures and taxation systems of various countries. As a consequence of these changes VIA MAT INTERNATIONAL has taken the decision to stop offering this service at its vault [sic] outside of the US to private customers with potential US-tax liability.”
GoldMoney and Bullion Vault use ViaMat for storage. Many of the retail storage facilities, at the end, use ViaMat to store metals.
The post ViaMat Drops US Customers For Gold Storage appeared first on Silver Vigilante.
2013-02-22 13:45:47
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