Tag Archives: sales tax exemption

Will Some Precious Metals IRA Purchases Be Subject To Sales Taxes?

There will doubtless be a number of unintended consequences arising out of the June 2018 Supreme Court decision in South Dakota v. Wayfair. The issue in this court case was whether the South Dakota government could require some out-of-state sellers … Continue reading

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New Kansas Bill Provides Sales Tax Exemption

On Thursday, May 16, 2019 Kansas governor Laura Kelly signed into law House Bill 2140, which provides a sales-tax exemption on sales of gold and silver coins and on all gold, silver, platinum, and palladium bullion. “The outcome is not … Continue reading

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Greedy states exaggerate tax yield

Last week, I traveled to another state to meet, along with some of that state’s coin dealers, with revenue and tax officials. The purpose of the meeting was to discuss the impact on state tax collections should a rare coins, … Continue reading

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