Rare Coin & Currency Collecting News: sales-tax/
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Landmark U.S. Coins and Numismatic Americana Featured in the Stack's Bowers Galleries Summer 2022 Global Showcase Auction
Stack's Bowers Galleries is thrilled to present an exceptional selection of United States coins and Numismatic Americana in their Summer 2022 Global Showcase Auction.
The United States Mint Selects Stack's Bowers Galleries to Sell American Eagle 35th Anniversary Coins
This Represents Only the Second Time the United States Mint Has Selected a Third-Party Auctioneer, Both Times Selecting Stack's Bowers Galleries
Tennessee has gained a complete sales-tax exemption on the retail sales of coins, currency, and precious-metals bullion.
In the summer of 2016, Phil Darby (J & P Coins and Currency) and Steve Caiola (Alabama Gold Refinery) started collaborating with the National Coin & Bullion Association on a campaign to obtain a statewide coin, currency, and precious-metals bullion sales-tax exemption.
On March 2, Virginia governor Glenn Youngkin signed House Bill 3, which extends the sunset date for the sales-tax exemption on gold, silver, and platinum bullion and legal tender coins to June 30, 2025. Under the previous law, the exemption would have expired on June 30, 2022.
The National Coin & Bullion Association dealer-members Dan Hedges (Auro Industries, Little Rock, Arkansas) and David Miholer (The Executive Coin Company, Stow, Ohio) have received the association's 2021 Diane Piret Memorial Outstanding Service Award for their continuous dedication and financial contributions to obtaining a sales-tax exemption on sales of collector coins, bullion coins, bullion, and currency in the state of Arkansas and reinstating Ohio's exemption for precious-metal and investment coins and bullion, respectively.
In light of the Supreme Court's South Dakota v. Wayfair decision, what would it mean for your business to be free of the burden of collecting sales tax on the coins, currency, and precious-metals bullion you sell?
The Ohio 2022–2023 budget reinstates the sales-tax exemption for the purchases of investment metal bullion and investment coins that was eliminated in the previous budget.
The National Coin & Bullion Association is fighting to preserve sales-tax exemptions on coins, paper money, and precious-metals bullion in 39 states, and we are also working to gain such an exemption in the 11 states that do not currently have one.
On May 3, 2021, Arkansas governor Asa Hutchinson signed into law Senate Bill 336, creating an exemption from the sales and use tax for coins, currency, and bullion.
When the Supreme Court decided in favor of South Dakota in the 2018 case South Dakota v. Wayfair, the landscape for sales across state lines—using any form of communication, including but not limited to telephone, newspaper, mail, or Internet—changed.
Customers in the coin and bullion industry now benefit from Avalara's real-time sales and use tax calculations with the Aureus POS platform
The Diane Piret Memorial Outstanding Service Award was awarded to Mr. Duncan for his continuous dedication and financial contributions to maintaining Washington State's sales-tax exemption on sales of collector coins, bullion coins, and bullion.
The state tax changes resulting from the Supreme Court's Wayfair decision will have profound affects on small businesses, including rare coin dealers. Patrick Ian Perez explains explains not only what happened, but also how and why it happened.
He received the 2019 Diane Piret Memorial Outstanding Service Award for his efforts on Kansas House Bill 2140. The bill provides a sales-tax exemption on sales of gold and silver coins and on all gold, silver, platinum, and palladium bullion.
ICTA chair John Brush (right) presents Patrick Heller with an engraved clear crystal wave award: Thank You / PATRICK A. HELLER / for 17 years / of Dedicated Service / a
ICTA member Dave Miholer (Executive Coin Company, Stow, OH) brought to our attention in May that the Ohio 2020–2021 budget eliminated the sales-tax exemption on the pur
On Thursday, May 16, 2019, Kansas governor Laura Kelly signed into law House Bill 2140, which provides a sales-tax exemption on sales of gold and silver coins and on all gold, silver, platinum, and palladium bullion.
By Industry Council for Tangible Assets Below is a rundown on the latest sales tax collection updates following the landmark Wayfair Supreme Court Ruling last summer. T
On February 22, Governor Terry McAuliffe signed VA HB 1668 to expand Virginia's sales-and-use tax exemption to include legal tender coins, effective January 1, 2018, to
ICTA — link On May 30, 2017, Minnesota governor Mark Dayton signed into law omnibus bill H1A, which included a sales-tax exemption on precious-metals bullion. (An