Tag: Tax Policies
Kansas has joined 38 other U.S. states with a sales-tax exemption on sales of gold and silver coins as well as all gold, silver, platinum and palladium bullion. Both dealers and collectors had previous championed the cause for many years.
The taxation of precious metal coins and bullions in the U.S. is a source of annoyance for collectors and dealers alike. Now, a bill to end federal income taxation of precious metal coins and bullions has been introduced in the U.S. Congress.