Category Archives: Virginia sales tax

Virginia Bullion Sales-Tax Exemption Extended and Threshold Removed

By National Coin & Bullion Association (NCBA) ……   On March 2, Virginia governor Glenn Youngkin signed House Bill 3, which extends the sunset date for the sales-tax exemption on gold, silver, and platinum bullion and legal tender coins to June 30, 2025. Under the previous law, the exemption would have expired on June 30, […]

The post Virginia Bullion Sales-Tax Exemption Extended and Threshold Removed appeared first on CoinWeek.

Continue Reading on CoinWeek

Gold & Silver PAC March 2017 e-Newsletter: Tax Edition

By Scott Barman for the Gold & Silver PAC ….. It’s tax time. Some expert tips to make sure you are in compliance with the law. Internet Sales Tax Although congress has not had any discussions about interstate sales taxes for cross-state purchases, the National Governors Association (NGA) did have some discussions about the issue during […]

The post Gold & Silver PAC March 2017 e-Newsletter: Tax Edition appeared first on CoinWeek.

Continue Reading on CoinWeek

Virginia Becomes Latest State to Pass Rare Coin Sales Tax Exemption

By John Brush – President, David Lawrence Rare Coins …… To paraphrase Margaret Mead, a small group of thoughtful, committed citizens can make great change when working together. John Brush of David Lawrence Rare Coins and John Feigenbaum of the Coin Dealer Newsletter–along with lobbyist Stephen Haner and the Industry Council for Tangible Assets (ICTA)–have […]

The post Virginia Becomes Latest State to Pass Rare Coin Sales Tax Exemption appeared first on CoinWeek.

Continue Reading on CoinWeek

Gold & Silver PAC February 2017 e-Newsletter

By Scott Barman for the Gold & Silver PAC ….. From the Political Coordinator As I was sitting down to talk with an old friend over coffee, he turns to me and says, “I think frankly when it comes to chaos you ain’t seen nothing yet.” This Washington veteran, who began his career as an intern […]

The post Gold & Silver PAC February 2017 e-Newsletter appeared first on CoinWeek.

Continue Reading on CoinWeek

Virginia Passes Sales Bullion Tax Exemption Bill

A coalition of numismatic businesses, led by John Feigenbaum (David Lawrence Rare Coins), lobbyist Stephen Haner, and the Industry Council for Tangible Assets (ICTA), started working together last summer on legislation to exempt rare coins, paper money, and precious metals from Virginia’s sales and use taxes. In this year’s legislative session, HB 1648 (sponsored by […]

The post Virginia Passes Sales Bullion Tax Exemption Bill appeared first on CoinWeek.

Continue Reading on CoinWeek