With the new tariffs on gold large bars, is anyone here selling, anything?https://www.reuters.com/world/europe/us-imposes-tariffs-one-kilo-gold-bars-ft-reports-2025-08-07/
How many people here have 1 kilo gold bars? It would be better to have 1oz bars or coins so you can sell them for less than $10,000 per day and not have to report it as taxable income.
An announcement of something is one thing but reality as to what happens is another, as we have seen.
Clearly, you're talking about profitable sales, as the size of the bars / coins wouldn't affect total taxable income at all if selling at a loss. So then, where'd you get the idea that you can make any profit and not report it?
And, of course, if you were thinking about taking a profit and not reporting it as taxable income, you wouldn't be talking about it. At least not in a highly public forum.
