Wyoming Ends Taxation of Gold and Silver Coins, Bullion

The Governor of Wyoming recently signed a bill to end the taxation of gold and silver coins and bullion. The Wyoming Legal Tender Act will end the taxation of gold and silver coins and bullion by treating it as tender that will be exempt from sales tax.

The Wyoming Legal Tender Act will be effective July 1, 2018. You can review the final bill here.

Author

Jesse Rooney

Jesse Rooney is a Tax Counsel at Sovos, focusing his research on AEOI, ACA and non-wage withholding reporting. He received his B.A. from Framingham State University and his J.D. from the University of Massachusetts School of Law. He is licensed to practice in Massachusetts.
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