Options
Bullion vs other. Sales tax seems to give a strong advantage to Bullion.
lcoopie
Posts: 8,875 ✭✭✭✭✭
In Florida it’s 6% , so I’m drawn more towards bullion which is not taxed.
LCoopie = Les
0
Comments
rather than?
"Money does not care about speeches on morality. Capital asks whether the rules will remain the same tomorrow. With inflation, people assume price is the problem, and propose regulation—but price is simply the message." - Martin Armstrong
Coins , currency and bullion items are not taxed in Nebraska. Not to worry, we make it up on the property tax.
Practice makes perfect & nobody is perfect. So, practice being nobody.
Florida tax exempt rules for Coins, Currency, or Bullion
"Money does not care about speeches on morality. Capital asks whether the rules will remain the same tomorrow. With inflation, people assume price is the problem, and propose regulation—but price is simply the message." - Martin Armstrong
No taxes on coins/bullion in The Commonwealth. God bless The Commonwealth. THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
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.
"Money does not care about speeches on morality. Capital asks whether the rules will remain the same tomorrow. With inflation, people assume price is the problem, and propose regulation—but price is simply the message." - Martin Armstrong
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!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
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.
"Money does not care about speeches on morality. Capital asks whether the rules will remain the same tomorrow. With inflation, people assume price is the problem, and propose regulation—but price is simply the message." - Martin Armstrong
Likewise South Carolina