Tag: numismatic tax

Virginia Becomes Latest State to Pass Rare Coin Sales Tax Exemption

Virginia Becomes Latest State to Pass Rare Coin Sales Tax Exemption

By John Brush – President, David Lawrence Rare Coins ……   To paraphrase Margaret Mead, a small group of thoughtful, committed citizens can make great change when working together. John Brush of David Lawrence Rare Coins and John Feigenbaum of the Coin Dealer Newsletter–along with lobbyist Stephen Haner and the Industry Council for Tangible Assets […]

Taxing Coin Sales: A Bureaucratic Nightmare In The Making?

Taxing Coin Sales: A Bureaucratic Nightmare In The Making?

By Al Doyle for CoinWeek….   It’s potentially one of the bigger – but least publicized – issues involving the purchase of precious metals, rare coins and every other item sold by mail order. In the political world’s never-ending quest for more money, Congress is giving serious consideration to forcing merchants to collect sales tax […]

Maryland Bill to Repeal Sales Tax Exemption Dies

Maryland Bill to Repeal Sales Tax Exemption Dies

Numismatic Community Pulled Together to Defeat HB 206 A bill before the Maryland House of Delegates that would have ended the sales tax exemption for coins has been defeated. House Bill 206—Sales and Use Tax Exemption for Precious Metal Bullion and Coins—failed to make it out of the Revenue Subcommittee of the Ways & Means […]

 
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