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Arkansas ends sales tax on precious metals

derrybderryb Posts: 36,209 ✭✭✭✭✭
in Precious Metals

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    johnny9434johnny9434 Posts: 27,514 ✭✭✭✭✭

    i wish many more would do that

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    I am sure they found another income stream, then cancelled this to make themselves look good. >:) Cheers, RickO

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    RobMRobM Posts: 541 ✭✭✭

    I wonder if private bullion investment measurably increases in a state where the sales and use tax is discontinued? I live in a state where you do pay sales tax for bullion purchases under $1000. For that reason I never buy less than $1000 at a time. IMO, bullion is a terrible investment if you have to pay sales tax, especially when it's in 5-8% range.

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    ashelandasheland Posts: 22,694 ✭✭✭✭✭

    NC eliminated the sales tax on coins, currency and bullion a few years ago. A nice move... B)

    My YouTube Channel

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    skier07skier07 Posts: 3,696 ✭✭✭✭✭

    Surprisingly California has no sales tax on $1500+ for coins and bullion.

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    NewbiedoobiedooNewbiedoobiedoo Posts: 38 ✭✭

    None in Washington state either. 👍

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    MsMorrisineMsMorrisine Posts: 32,219 ✭✭✭✭✭

    CT tax law wording sucks.

    I was charged by an online seller. i called to disputed, but they didn't even hear my argument. my order met the minimum!

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    @skier07 said:
    Surprisingly California has no sales tax on $1500+ for coins and bullion.

    Which is a regressive tax in a progressive state :o I find it odd.

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