The Importance of Gold Currencies in the 21st Century. By Ken Griffith. Are Gold Currencies merely toys for "techies" and gold-buffs, a gold investment or do they represent a deeper …
List of domain same IP 18.104.22.168
The IRS classifies precious metals, including gold, as collectibles, like art and antiques. This applies to gold bullion coins and bars even though their value depends only on the metal content and not on rarity or artistic merit. You pay taxes on selling gold only if you make a profit.Is selling gold coins taxable?
The form of physical metal you sold is irrelevant. Gains on gold coins, bars, “gram gold accounts”, and gold certificates are taxed as gains on the sale of collectibles. Even exchange-traded funds (ETFs) that own physical metals are taxed as collectibles.Are Bitcoin gains taxable?
When Bitcoins are sold, the income it generates can be offset against their cost but any profit or losses are capital gains, which is taxable. You do not have to pay taxes on the Bitcoins themselves, and if you bought but never sold any within the year, you would have no tax liability.
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|Title||Gold Coins & Bars | Chards | Tax Free Gold||Tips|
|Description||Investment gold includes gold coins, gold bars, gold sovereigns, krugerrands, eagles, maples, gold bullion coins, other gold coins. VAT free in UK and EU. We buy & sell...||Tips|
|Keywords||gold,gold coins,gold bars,gold coin,gold bar,investment gold,gold bullion,kruger,krugerrand,britannia,gold ingot,tola bar,gold eagle,pandas,gold sovereigns,gold sovereign,buy gold,sell gold,hedge,gold dealer,au,coin dealer,blackpool,uk||Tips|
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