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Tag Archives: legal tender

Lawmakers: All that glitters shouldn’t be taxed

gold-coin

Arizona law says if someone invests in something, whether art, collectible cars or commercial real estate, and then sells it for more than the cost, that difference is subject to state income taxes. What HB2014 seeks to do is carve out an exception when people invest in gold and silver coins produced by the U.S. Mint.

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