Virginia Ends All Taxes on Purchases of Gold and Silver

8:49 AM

First published by Money Metals Exchange here: https://www.moneymetals.com/news/2022/04/12/virginia-ends-all-taxes-on-purchases-of-gold-and-silver-002512

(Richmond, Virginia - April 12, 2022) - By signing sound money legislation last night, Virginia Governor Glenn Youngkin has ended Virginia’s discriminatory practice of assessing sales taxes on smaller purchases of gold, silver, platinum, and palladium bullion and coins. Virginia’s House Bill 936, originally introduced by Del. Amanda Batten, was considered by multiple House and Senate committees before passing overwhelmingly out of both chambers and reaching the governor’s desk.

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