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  2. 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 ...

  3. 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 ...

  4. Buy Gold the Tax-Smart Way

    www.aol.com/news/2012-04-16-buy-gold-the-tax...

    Over the past 12 years, as the U.S. stock market has soared and plunged but eventually landed pretty much right back where it started, investors have looked for alternatives to try to make money.

  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. Why Costco is selling gold bars and silver coins

    www.aol.com/why-costco-selling-gold-bars...

    Costco is trying to replicate its recent success with gold bars. It began selling $2,000 gold bars online in September and sold more than $100 million worth of the bars last quarter.

  7. Sales taxes in the United States - Wikipedia

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

    There is no sales tax on food items, but prepared meals purchased in a restaurant are subject to a meal tax of 6.25% (in some towns voters chose to add a local 0.75% tax, raising the meal tax to 7%, with that incremental revenue coming back to the town). Sales tax on liquor was repealed in a 2010 referendum vote.

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