North Dakota House Passes Bill to Repeal State Capital Gains Tax on Gold and Silver
BISMARCK, N.D. (Feb. 10, 2025) – Last week, the North Dakota House passed a bill that would repeal the state’s capital gains tax on gold and silver bullion. The proposed law would remove a barrier to using gold and silver as money. Rep. Daniel Johnston and...
Virginia Bill Would Extend Sales Tax Exemption on Gold and Silver
RICHMOND, Va. (Jan. 15, 2025) – A bill filed in the Virginia House seeks to extend the state’s existing sales tax exemption on gold and silver for an additional seven years. By preserving this exemption, the measure reinforces efforts to treat gold and silver as...
Now in Effect: Nebraska Repeals State Capital Gains Taxes on the Sale of Gold and Silver
LINCOLN, Neb. (Jan. 7, 2025) – Last week, a law repealing the capital gains tax on the sale of gold and silver went into effect in Nebraska. The new law removes a barrier to using gold and silver as money. Legislature Bill 1317 (LB1317) went into effect on Jan....