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  2. Gold and taxes: What every investor needs to know

    www.aol.com/gold-taxes-every-investor-needs...

    "Additionally, you may face state and local taxes, which could bring your total tax rate to as high as 54% — 37.6% in federal income tax, plus 3.8% in net investment income tax, plus 12.3% in ...

  3. Taxation of precious metals - Wikipedia

    en.wikipedia.org/wiki/Taxation_of_precious_metals

    In most countries capital gains tax applies when precious metals are sold at a profit. Some countries also apply value added tax to precious metals. In the European Union, the trading of recognized gold coins and bullion products is VAT exempt, but no such allowance is given to silver. Elsewhere in Europe though, Norway has exempted both gold ...

  4. Want To Sell Valuable Gold Coins? Here’s How Much Tax You’ll ...

    www.aol.com/finance/want-sell-valuable-gold...

    If you want to minimize the tax you pay on the sale of gold coins, it’s best to hold on to them for at least a year and a day to take advantage of the 28% maximum tax rate.

  5. Luxury tax - Wikipedia

    en.wikipedia.org/wiki/Luxury_tax

    In sports, the Luxury tax is the incremental tax team owners have to pay for their teams going over the salary cap, basically a financial penalty for high-spending teams. [ 8 ] A common misconception is that tampons and other menstrual products are taxed as a "luxury item" because they are subject to sales tax in 30 states as of February 2021 ...

  6. Sales taxes in the United States - Wikipedia

    en.wikipedia.org/wiki/Sales_taxes_in_the_United...

    All states exempt from sales or use tax purchases of goods made for resale in the same form. [27] In many states, resale includes rental of the purchased property. Where the purchased property is not exactly the property resold, the purchase may be taxable. Further, use of the property before sale may defeat the resale exemption. [28]

  7. How You Can Buy Gold Through a Tax-Advantaged IRA

    www.aol.com/finance/buy-gold-tax-advantaged-ira...

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