Information About capital gains tax on gold bullion

How To Buy Gold Bullion in USA?

Buy Gold Bullion in USAAre you wondering how to buy gold bullion in the USA? The answer could not have been simpler due to a plethora of good choices to consider. Before you rush into making a swift decision and purchase gold bullion, there are a couple of very important choices you have to make.

CGT on Gold Sale

CGT on Gold SaleBefore you buy any physical precious metals, you need to take into consideration potential capital gains tax on gold bullion sale once you decide to sell your bullion bars or coins. If you have owned your physical gold for over year before deciding to sell it, beware that your precious metals sale is going to be treated as collectibles and taxed at a higher tax bracket.

Gold Capital Gains Tax: 5 Things To Remember!

Gold Capital Gains Tax1. Gold Bullion Is Considered A Collectible According To The IRS

There is usually gold capital gains tax (GCGT), and this precious metal is considered a collectible according to the IRS.