Category: capital gains tax

6 Things Gold & Silver Investors Should Focus On

There are no ‘goldbugs’ at PRECIOUSMETALTAX.com; we’re rational people seeking to avoid losses on our hard-earned savings from the destruction of currencies by central bankers. Like us you probably have already figured out compelling reasons to own precious metals. (If

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Top 5 precious metal friendly countries

Most precious metal investors are not coin collectors or gold standard fanatics. They simply want to convert their ounces when the time is right into something useful. Such as: Income producing assets like a business, real estate, or an interest-bearing deposit

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US capital gains tax

The US Internal Revenue Service (IRS) levies up to 28% tax on capital gains from precious metal investments. State and local taxes can increase this further to almost 40%. Physical gold and silver in any form is considered the same

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Australia: taxation of gold and silver

Now that the two main drivers supporting the Australia economy have stumbled (property and mining) – and the Australian dollar taken a beating – there is renewed interest in precious metals Down Under. Australian gold investors are having a fantastic

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Inflation – the biggest tax of all

It’s pretty obvious that printing money destroys its purchasing power. If the currency you use as money is being debased, a unit of it buys less and less stuff over time. What previously cost 1,000 now costs 100,000 etc. So

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