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Arkansas ends sales tax on precious metals

derrybderryb Posts: 36,818 ✭✭✭✭✭
in Precious Metals

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"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

Comments

  • johnny9434johnny9434 Posts: 28,328 ✭✭✭✭✭

    i wish many more would do that

  • rickoricko Posts: 98,724 ✭✭✭✭✭

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

  • RobMRobM Posts: 552 ✭✭✭

    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.

  • ashelandasheland Posts: 23,189 ✭✭✭✭✭

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

    My YouTube Channel

  • skier07skier07 Posts: 3,968 ✭✭✭✭✭

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

  • NewbiedoobiedooNewbiedoobiedoo Posts: 42 ✭✭

    None in Washington state either. 👍

  • MsMorrisineMsMorrisine Posts: 33,069 ✭✭✭✭✭

    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
  • 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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