Tax Question

Welcome To The Golden Minerals HUB On AGORACOM

Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

Reply New Message

Prev Message Back To Forum Threaded View Next Message

scoutaz_2003

Rank: Vice President [?]

Points: 4121 [?]

Votes: 134 Score: 3.2 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Tax Question

posted on Apr 27, 2011 11:33AM

I know the US Government taxes silver coins as collectibles...I think at a 30% rate.

What do they do with 100oz bars....I mean they are a commodity. Do silver users that sell excess stock treat the bars as a collectible for tax purposes? I think not.

I think a case can be made that they are subject top to the marginal tax rate of the owner...

Any tax experts out there?

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Please to post a reply