Did you know you don't have to pay sales tax on Gold over $1500?

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Did you know you don't have to pay sales tax on Gold over $1500? Anonymous Wed Jan 27 11:31:16 2021 No.26687941 [Reply] [Original]

In many states there is no sales tax for Gold over a certain amount.
https://www.bgasc.com/sales-tax-gold-silver-bullion-coins
Meaning you don't need to get a receipt, show your ID or any of that stuff when you buy it in person at a Gold exchange. Meaning you don't have to report any income earned on it because there is no paper trail, you can just show up with cash and buy it, or show up with Gold and sell it.
Meanwhile stock and bitcoin exchanges require your SSN and credit card.

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