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Now in Effect: Virginia Law Takes Another Step Toward Treating Gold and Silver as Money

Now in Effect: Virginia Law Takes Another Step Toward Treating Gold and Silver as Money

by Mike Maharrey | Jul 1, 2022 | Federal Reserve, State Bills

RICHMOND, Va. (July 1, 2022) – Today, a law extending and expanding a sales tax exemption on the sale of gold and silver bullion and coins goes into effect. The exemption relieves some of the tax burdens on investors, and it also eliminates one barrier to using gold...
Signed as Law: Virginia Takes Another Step Toward Treating Gold and Silver as Money

Signed as Law: Virginia Takes Another Step Toward Treating Gold and Silver as Money

by Mike Maharrey | Apr 12, 2022 | Federal Reserve, State Bills

RICHMOND, Va. (April 12, 2022) – On Monday, Virginia Gov. Glenn Youngkin signed two bills that will extend and expand a sales tax exemption on the sale of gold and silver bullion and coins. The exemption relieves some of the tax burdens on investors, and it also...
To the Governor: Virginia Bill Would Take Another Step Toward Treating Gold and Silver as Money

To the Governor: Virginia Bill Would Take Another Step Toward Treating Gold and Silver as Money

by Mike Maharrey | Mar 14, 2022 | Federal Reserve, State Bills

RICHMOND, Va. (March 14, 2022) – On Friday, the Virginia House and Senate gave final approval to a bill that would extend and expand a sales tax exemption on the sale of gold and silver bullion and coins. The exemption relieves some of the tax burdens on investors,...
Virginia Senate Passes Bill to Tax Average People for Gold and Silver Transactions

Virginia Senate Passes Bill to Tax Average People for Gold and Silver Transactions

by Mike Maharrey | Feb 17, 2022 | Federal Reserve, State Bills

RICHMOND, Va. (Feb. 17, 2022) – Today, the Virginia Senate unanimously passed a bill that would have repealed sales taxes on all gold and silver transactions. Instead, under the Senate bill, the tax will remain in place for small investors and those who want to...
Virginia House Passes Bill that Would Take Another Step Toward Treating Gold and Silver as Money

Virginia House Passes Bill that Would Take Another Step Toward Treating Gold and Silver as Money

by Mike Maharrey | Feb 9, 2022 | Federal Reserve, State Bills

RICHMOND, Va. (Feb 9, 2022) – Yesterday, the Virginia House overwhelmingly passed a bill that would extend and expand a sales tax exemption on the sale of gold and silver bullion and coins. The exemption relieves some of the tax burdens on investors, and it also...
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