More States Consider Sales Tax Exemptions for Precious Metals as Mississippi Law Takes Effect

7:28 AM

First published by Money Metals Exchange here: https://www.moneymetals.com/news/2023/07/06/more-states-consider-sales-tax-exemptions-for-precious-metals-as-mississippi-law-takes-effect-002771

Assessing a state sales tax on the purchase of gold and silver is becoming an outmoded, indeed outrageous, practice – but a small number of U.S. states still engage in it. Several of the remaining seven states that tax all precious metals purchases are presently considering enacting their own exemptions, and just this week Mississippi bureaucrats formally stopped slapping these taxes on citizens.

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