Signed as Law: Alabama Repeals State Capital Gains Taxes on Gold and Silver
MONTGOMERY, Ala. (May 17, 2024) β Today, Alabama Governor Kay Ivey signed a bill into law repealing the state capital gains tax on gold and silver bullion. Sen. Tim Melson introduced Senate Bill 297 (SB297) on April 4. Alabama repealed the state sales tax on gold,...
Alabama Senate Passes Bill to Repeal State Capital Gains Taxes on Gold and Silver
MONTGOMERY, Ala. (May 1, 2024) β On Tuesday, the Alabama Senate unanimously passed a bill that would repeal the state capital gains tax on gold and silver bullion. Sen. Tim Melson introduced Senate Bill 297 (SB297) on April 4. Alabama repealed the state sales tax on...
Signed as Law: Nebraska Repeals State Capital Gains Taxes on the Sale of Gold and Silver
LINCOLN, Neb. (April 26, 2024) β On Tuesday, Nebraska Gov. Jim Pillen signed a bill into law repealing state capital gains taxes on the sale of gold and silver bullion. Passage into law would relieve some of the tax burdens on investors and eliminate one barrier to...