https://www.youtube .com/watch?v=MnZ2nn1aeIE
Subscribe Now: http://www.youtube.com/subscription_center?add_user=Ehowfinance Watch More: http://www.youtube.com/Ehowfinance Taxes on selling silver bullion also apply to gold, platinum and other types of precious metals. Learn about taxes on silver bullion with help from a certified public accountant and financial planner in this free video clip. Expert: Bob Phillips Contact: www.spectrum-omgmt.com Bio: Bob Phillips is the founder and managing principal of Spectrum Management Group, an independent advisory headquartered in Indianapolis, Indiana. Filmmaker: Nathanael Rittichier Series Description: The income tax code can be complicated, which is why you should always consult a professional if you have any questions about your income taxes or things like credits and exemptions. Get help with your personal income taxes and find out a few new tips with help from a certified public accountant and financial planner in this free video series.
is this American or Canadian?
Not Canadian
Must be Canada, as they have different power points
It’s not Canada
Sae is not taxed in US. No government minted coin is.
@SilverMountain how would they know if the 1099 form doesn’t apply to them?
Are industrial and noble
Metals also capital gains liable?
Do you believe that a Vat like Tax is coming to on line sales…
Is it possible to deduct silver bought and used for plating industrial products as a business expense on taxes? As its for practical application and not for collecting.
Seems reasonable
iam cupitidas
are you taxed on 1000 oz silver and 25 oz gold or any amount u sell?
I guess I will take it to Utah where they see this as money
Yep
So the government will make way more than anyone buying or selling gold or silver? Every time that gold or silver is bought or sold the gov. Will make their percentage, if it is sold 100 times they make their profit every time, doesn’t seem fair.
conan Smith guess that’s how the mafia works🤷🏼♂️
All the time a car is bought and sold it’s taxed taxes could end up more than the car when new taxing real money is not right also
RIPP OFF PARASITES ! GOOD LUCK !
Um…no
MONEY BRUH
if I have silver in a country I am not working and I fall in the lowest tax bracket. What would the tax rate be in Australia for this circumstance….
I’m usually in the 15% tax bracket. So if I sold a million dollar gain on gold, you’re saying I would only pay 15% taxes because I’m in the 15% tax bracket. Or would the gain on gold put me in the 28% tax bracket?