Category Archives: sales tax exemption on investment metal bullion and investment coins

WVaTaxExemption0423

West Virginia to end sales taxation on gold and silver

Many argue that purchasing bullion coins, like this $50 gold Buffalo, is no different than “purchasing” two ten dollar bills with a twenty dollar bill at the bank. (Image courtesy of The United States Mint)
By unanimous vote on March 8, the West Virginia Legislature approved Senate Bill 502, originally introduced by Sen. Craig Blaire (R-Martinsburg), which called for the exemption of taxation on sales of investment metal bullion and investment coins

Continue reading on Numismatic News