Whether you are interested in investing in bars or collectible coins, you should know that buying precious metals is very different from the average purchase. For example, there are numerous state and federal tax laws to consider. Get ahead of the game by checking out what’s involved in purchasing bullion in the state of Arizona.
Luckily for investors, the state of Arizona has no sales tax for bullion coins or precious metals. However, find out if there are any local taxes on such items before you buy.
Just as with every state in the country, Arizona does adhere to a federal capital gains tax for bullion and precious metals. The exact percentage you will pay depends on your income level, but the amount will never exceed 28%.
A truly diversified portfolio includes precious metals, so when you're planning for retirement, consider adding qualified bullion to your Self Directed IRA. Contact us to get started or visit our Precious Metals IRA page to learn how you can invest.
We attend a number of coin shows throughout the country each year. Here's where and when you'll find us at an expo near you.
Are you looking for a way to connect with others who share your interest in bullion and precious metals? We maintain a list of local coin clubs around the state of Arizona.
Looking for somewhere nearby where you can purchase coins or other precious metal items? Check out our coin shop directory to find a place to buy coins near you.
Can you name 20 interesting facts about Arizona? Check out our list to learn more about the Copper State.