Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Just got this email from JM Bullion after purchase of 1 OZ Gold Krugerrand
>
Reply to Thread
Message:
<p>[QUOTE="Lemme Caution, post: 2895928, member: 90575"]There really aren't any points that aren't very straightforward and easy to comprehend in the State of Nevada coin (and stamp) taxation mandate. For convenience sake, here is an even more simplified version of the official text:</p><p>A. Any coin used as a medium of exchange and sold at less than 50% above face value is not subject to taxation.</p><p>B. Any coin used as a medium of exchange and sold at 50% or more above face value is subject to taxation.</p><p>C. Any coin not used as a medium of exchange is subject to taxation.</p><p>D. All bullion sold at face value and used as a medium of exchange is not subject to taxation.</p><p>E. All bullion sold at a premium and used as a medium of exchange is not subject to taxation.</p><p>F. All bullion sold at a premium and not used as a medium of exchange is subject to taxation.[/QUOTE]</p><p><br /></p>
[QUOTE="Lemme Caution, post: 2895928, member: 90575"]There really aren't any points that aren't very straightforward and easy to comprehend in the State of Nevada coin (and stamp) taxation mandate. For convenience sake, here is an even more simplified version of the official text: A. Any coin used as a medium of exchange and sold at less than 50% above face value is not subject to taxation. B. Any coin used as a medium of exchange and sold at 50% or more above face value is subject to taxation. C. Any coin not used as a medium of exchange is subject to taxation. D. All bullion sold at face value and used as a medium of exchange is not subject to taxation. E. All bullion sold at a premium and used as a medium of exchange is not subject to taxation. F. All bullion sold at a premium and not used as a medium of exchange is subject to taxation.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Just got this email from JM Bullion after purchase of 1 OZ Gold Krugerrand
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...