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Heritage tax on coins in Ohio - very disappointing
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<p>[QUOTE="LakeEffect, post: 3260102, member: 43201"]<font size="4">I'm in Ohio, too, so I visited the Ohio Department of Taxation <a href="https://www.tax.ohio.gov/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.tax.ohio.gov/" rel="nofollow">page</a></font></p><p><font size="4"><br /></font></p><p><font size="4">15. <a href="https://www.tax.ohio.gov/sales_and_use/faqs/sales_basics/tabid/3095/QuestionID/433/AFMID/9887/Default.aspx" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.tax.ohio.gov/sales_and_use/faqs/sales_basics/tabid/3095/QuestionID/433/AFMID/9887/Default.aspx" rel="nofollow">What sales are exempt/excepted from sales tax?</a></font></p><ul> <li><font size="4">Sales of investment metal bullion and investment coins. (Effective January 1, 2017)</font></li> </ul><p><font size="4">39. <a href="https://www.tax.ohio.gov/sales_and_use/faqs/sales_basics/tabid/3095/QuestionID/4826/AFMID/9887/Default.aspx" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.tax.ohio.gov/sales_and_use/faqs/sales_basics/tabid/3095/QuestionID/4826/AFMID/9887/Default.aspx" rel="nofollow">What is an “investment coin”?</a></font></p><ul> <li>An investment coin means any coin composed primarily (more than 50%) of gold, silver, platinum, or palladium.</li> </ul><p>For more detail, here's the <a href="http://codes.ohio.gov/orc/5739.02" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://codes.ohio.gov/orc/5739.02" rel="nofollow">actual law</a>, as written (paragraph 54 is of interest to us)[/QUOTE]</p><p><br /></p>
[QUOTE="LakeEffect, post: 3260102, member: 43201"][SIZE=4]I'm in Ohio, too, so I visited the Ohio Department of Taxation [URL='https://www.tax.ohio.gov/']page[/URL] 15. [URL='https://www.tax.ohio.gov/sales_and_use/faqs/sales_basics/tabid/3095/QuestionID/433/AFMID/9887/Default.aspx']What sales are exempt/excepted from sales tax?[/URL][/SIZE] [LIST] [*][SIZE=4]Sales of investment metal bullion and investment coins. (Effective January 1, 2017)[/SIZE] [/LIST] [SIZE=4]39. [URL='https://www.tax.ohio.gov/sales_and_use/faqs/sales_basics/tabid/3095/QuestionID/4826/AFMID/9887/Default.aspx']What is an “investment coin”?[/URL][/SIZE] [LIST] [*]An investment coin means any coin composed primarily (more than 50%) of gold, silver, platinum, or palladium. [/LIST] For more detail, here's the [URL='http://codes.ohio.gov/orc/5739.02']actual law[/URL], as written (paragraph 54 is of interest to us)[/QUOTE]
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Heritage tax on coins in Ohio - very disappointing
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