Is a gold depository a bank?

Discussion in 'Economics & Trade' started by Chickpea, Aug 3, 2023.

  1. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    Every time you swap cash for gold, you could be liable for paying an extra tax.
     
  2. Chickpea

    Chickpea Well-Known Member

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    You mean state sales tax on the purchase of the gold? Sure I guess so. Then it's important to choose which state one chooses to purchase their gold.
     

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