July 21, 2022・Key Gold Headlines
Now in Effect: Virginia Law Expands and Extends Sales Tax Exemption on Gold and Silver
On July 1, a Virginia law extending and expanding a sales tax exemption on the sale of gold and silver bullion and coins went into effect. Ending the sales tax will relieve some of the tax burdens on investors, and take a step toward treating precious metal bullions as money instead of a commodity.
