Bullion vs other. Sales tax seems to give a strong advantage to Bullion.
lcoopie
Posts: 8,873 ✭✭✭✭✭
In Florida it’s 6% , so I’m drawn more towards bullion which is not taxed.
LCoopie = Les
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rather than?
Freedom is like inflation: you lose 2-3% every year. Slow enough that you don't even notice.
Coins , currency and bullion items are not taxed in Nebraska. Not to worry, we make it up on the property tax.
Florida tax exempt rules for Coins, Currency, or Bullion
Freedom is like inflation: you lose 2-3% every year. Slow enough that you don't even notice.
No taxes on coins/bullion in The Commonwealth. God bless The Commonwealth. THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Sorry….l.
Rounds and bars, other forms of precious metals than bullion.
From my above link:
"Sales of gold, silver, and platinum bullion are exempt if the
sales price exceeds $500 in a single transaction. A single
transaction could include a combination of gold, silver, or
platinum bullion."
PM rounds and bars are bullion.
Freedom is like inflation: you lose 2-3% every year. Slow enough that you don't even notice.
Thanks
Where do you live? There are four states and two US territories that are commonwealths.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Some call it gods country others call it Pennsylvania or even still Penns Woods. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
North Carolina is exempt on Coins, Currency and Bullion. That wasn’t always the case. I think they made it exempt around the year 2017?
My YouTube Channel
would welcome an exemption on dollars.
Freedom is like inflation: you lose 2-3% every year. Slow enough that you don't even notice.
Likewise South Carolina